Short EUR/NZD: EUR/NZD is likely to drop further as it drops below key support levels

Written by
Written on Jan 14, 2025
Reading time 1 minutes

Short EUR/NZD: EUR/NZD is likely to drop further as it drops below key support levels

Open Loss

Signal timeline

Stop loss $1.8537 (-1.02%)
Current price marker
Entry zone $1.835
Current price marker
$1.8335
Current price marker
Take profit 1 $1.825 (0.54%)
Current price marker
Take profit 2 $1.805 (1.63%)
Current price marker
Take profit 3 $1.7787 (3.07%)
Arrow Current price $1.917 (-4.47%)

Trading signal summary

Buy/sell asset Sell EUR/NZD
Entry zone $1.835 - $1.8335
Stop loss $1.8537
Portfolio risk 1%
Leverage 100:1
Take profit 1 $1.825
Take profit 2 $1.805
Take profit 3 $1.7787
Est. trade duration 1-4 Weeks
Maximum profit 3.07%
Maximum loss -1.02%
Overall trade risk Low