Stock market: Netflix is strong
Netflix stock closed yesterday above February and March highs in the 371.00 area.
EUR/NZD: the downtrend is still on
Trade idea
SELL 1.6500; TP1 1.6465; TP2 1.6410; SL 1.6515
EUR/NZD has stalled ahead of the downtrend resistance line. The pair formed a “shooting star” candlestick on the daily chart. The main support is located in the 1.64 area, where the pair has met support twice during the latest month. As a result, it’s possible to expect a minor movement to the downside.
Elizabeth Belugina
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