FX:EURNZD   Euro / New Zealand Dollar
EURNZD rebounded from supply zone at level 1.7488 with bearish movement
Pair broke uptrendline
Below SMA 100
MACD shows start of bearish momentum
RSI is in downtrend
It's expected for coming correction to target first key level at 1.7236
then finally target demand zone at level 1.7165

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.