Bearish divergence in EURNZD pair
The RSI indicator is making lower lows whereas the prices are making higher highs, signalling a bearish divergence. Enter the trade around 1.7230 with first target of 1.71800 and the second target around 1.70937. The nearest Stop loss for the pair is kept at 1.73072.
注释
Fundamentally Euro seems week with diminishing probability of Fed rate cut in July amid escalating tensions in middle east and trade war woes.
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