I try to make analysis for EURNZD pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.6326 support level, I predict this pair will go down to the next support at 1.6276 But if this pair go up and break 1.6376 resistent level, I predict this pair will make some correction to the next resistent level at around 1.6426
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.6361 and take profit at 1.6276
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.