EURNZD – Heading towards weekly support: 1.6380

Written by Raul Lopez on . Posted in Trades & Analysis

I don’t know about you, but I think the best moment to look for  short opportunites its when the market breaks through and important LT support level and confirms it afterwards… this just happened with the Euro/New Zealand.

The EURNZD broke through important LT support level last week, it looked as if it was going to get rejected but it continued its way down giving us opportunities to keep looking for short opportunities:

As long as the EURNZD trades below 1.6649 I’ll be looking for short opportunities.

What do you think about the EURNZD?

Trade Safe!

Raul Lopez
Forex Course

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Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
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Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

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