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IOX-FX

IOX-FX - EURNZD - Support break + resistance retest + bearish ch

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
IOX-FX  
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns
6
0
trendanalysis harmonicpatterns chartpattern
Eurnzd

We are looking for a downward movement, the price is moving in a bearish channel on a weekly timeframe.

The price has broken the support that has now become resistance.

Wait for the weekly candle close to confirm the downward movement.

Possible target: 1.56062
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