Hey traders,
On the EURNZD we can see that we are getting closer and closer to the gap that formed a few weeks ago after the weekend. What usually happens is that these gaps turn into a great support area. Combined with the 61.8% Fibonacci retracement on the bigger timeframe, this seems like a nice setup.
Cheers!
On the EURNZD we can see that we are getting closer and closer to the gap that formed a few weeks ago after the weekend. What usually happens is that these gaps turn into a great support area. Combined with the 61.8% Fibonacci retracement on the bigger timeframe, this seems like a nice setup.
Cheers!
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First target hit!
