EURNZD: Potential Breakout Trade

٦ أبريل ٢٠٢٠

Morning traders!

Today pay close attention to horizontal support on eurnzd.

the market keeps setting new lower highs and with each wave, the market contracts more and more on a structure.

to not be caught by a false breakout, wait at least for a 4H candle close below the underlined area.
then sell on pullback expecting a continuation to 1.8

good luck!