The Euro New Zealand Dollar 123.

Good morning Dynamic Traders,

Todays currency pair of the EURNZD is around the V.I. on the daily and the most recent low at the figure.

if you now go to the image below on the one hour timeframe, you can see that I have indicated a possible 123/DB bottom scenario.

There are many confluences in place across various timescales to have taken this trade but if you did not find this in time do not chase it but follow its development to see if you can enter at other predetermined places as taught by 'The Dynamic Trader'.

This is a very volatile pair and so if you decide ,after doing your own analysis, to take a trade on this cross, do so with caution and ensure good management.

Charts courtesy of AdvancedGet.

Have a great Easter Weekend.

Clayton Farnworth.