EN & GN Supply Still Holding

Both EN & GN have key supply levels which so far have been engulfed. These are both still on the watchlist at the moment.

EURNZD - Short

EN has had a couple of reactions at this supply level already and after falling hard, price has made a move back up again. I'm still watching this pair to see whether or not supply continues to hold.

2017-05-14 EN Short D1

GBPZND - Short

GN hasn't had as big a reaction as EN but the level it's level is still holding too. There was a large poke to the upside but as price didn't engulf so we'll continue to monitor and see how it goes.

2017-05-14 GN Short D1

 

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