EURNZD - Intraday - We look to Sell a break of 1.6664 (stop at 1.6702)
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 1.6665 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 1.6564 and 1.6544
Resistance: 1.6730 / 1.6770 / 1.6800
Support: 1.6670 / 1.6640 / 1.6570
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 1.6665 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 1.6564 and 1.6544
Resistance: 1.6730 / 1.6770 / 1.6800
Support: 1.6670 / 1.6640 / 1.6570
