I like the short term range in the EURNZD

Hope you all had a great weekend!

What do you think about the market so far this Monday? I think it’s been pretty slow so far, but later in the week we’ll have more action (plenty of fundamentals coming up this week).

Anyway, have you been monitoring the EURNZD?

Take a look at its short term range:

I’m not going to look long opportunities here because on the long term charts it is clearly trading in a bearish condition.

But once it gets to the top of the range I’ll go short.

What do you think?

Trade Safe!

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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 .