EURNZD

In case you are wondering what has just happened - I have just stepped in to hold the fort for a couple of hours. So greetings one and all.

I reported earlier on the EUR/NZD as a chart worth looking at. See here

The outlook for the NZD has shifted from bearish, to cautiously neutral. As per my article earlier there looks to be some more NZD bids on the back of the good data out of New Zealand as of late At least until the data confirms otherwise. The EU has Brexit and Italy woes to keep it offered, as well as slowing growth. Check out the 1 hr EURNZD chart for shorting options from the 50, 100, or 200 EMA as well as the S1 level I flagged on the weekly chart this am.