EUR - BULLISH
1️⃣ Optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe.
2️⃣ Several EU countries continued their efforts to re-open their economies, while upbeat economic data released on Friday showed that consumer prices in the Euro Area rose in March by the most in over a year.
NZD - BEARISH
1️⃣ The risk-averse market environment could pressured the NZD.
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TECHNICAL
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- We're buying this pair on RBS level on M15 This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe.
2️⃣ Several EU countries continued their efforts to re-open their economies, while upbeat economic data released on Friday showed that consumer prices in the Euro Area rose in March by the most in over a year.
NZD - BEARISH
1️⃣ The risk-averse market environment could pressured the NZD.
=====
TECHNICAL
=====
- We're buying this pair on RBS level on M15 This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Trade active
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.