First signal of the week – EURNZD

What do you think about the gap this Sunday after the US credit downgrade? I thought it wasn’t that bad, honestly when I saw the news Friday night I thought the gap was going to be larger… but its good after all, this way the market doesn’t screw up my analysis!

Anyway, just got the first signal of the week, and the winner was EURNZD, again… It is trading in a very clear bullish condition and looks like it will continue in this condition, at least until it reaches the next LT resistance level at 1.7429

Here are the details of my trade:

Entry: 1.7102
SL: 1.7013
TP: 1.7399

Trade Safe!

Raul Lopez
Forex Course

EURNZD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .