EUR-NZD Bear Flag Below RESISTANCE. Will Fall!

Short

Euro / New Zealand Dollar (FX:EURNZD)

FX:EURNZD Euro / New Zealand Dollar

trendanalysis chartpattern waveanalysis eurnzd euro newzealanddollar forex trading swing flag short

EUR-NZD is trading in a strong downtrend on daily
On 6H chart we can see that the pair is trading BELOW resistance
In a range that looks more and more like a bear flag
Thus, the path of least resistance for the pair is to FALL
And I expect it to do just that after hitting the resistance area
SELL!
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