EURNZD: Clear Bearish Outlook 🇪🇺🇳🇿

Short

Euro / New Zealand Dollar (OANDA:EURNZD)

OANDA:EURNZD Euro / New Zealand Dollar

Parallel Channel Rectangle Wave Analysis EURNZD euro newzealanddollar Forex swingtrading swingtrader Contains image

parallelchannel rectangle waveanalysis eurnzd euro newzealanddollar forex swingtrading swingtrader containsimage

snapshot

EURNZD has a very nice potential to drop lower.

After a consolidation within a narrow range,
the price violated a solid horizontal support cluster on a daily.

The next support that I see is 1.771

It can be the next goal for the sellers.

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