VladimirRibakov

EURNZD - Looking To Sell Pullbacks

Short
OANDA:EURNZD   Euro / New Zealand Dollar
D1 - Price respected a strong resistance zone and is bouncing lower.

Bearish divergence.

Most recent uptrend line breakout.

H4 - Bearish convergence.

Currently it looks like a pullback is happening.

Until the strong resistance zone holds I expect the price to move lower further after pullbacks.

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