baigxy

EurNzd

Long
baigxy Updated   
FX:EURNZD   Euro / New Zealand Dollar
hello everyone, the euro came in strong this week overall... the price break the resistance currently but the upcoming news can still change the direction or enough for price to be corrected. Note day tf is bullish trading above 50rsi so this correction is for day tf... pull back is possible since price is overbought... NZD is performing poorly against all major currency expect Jpy which is weakest of all.. best way to trade this pair is either wait for pull back or after the storm of news..

good luck..
Comment:
price is overbought at the current price, the price may pull back to correction area
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