EURNZD rebounded from downtrendline with bearish movement
Price is based below HVN at level 1.6815 which indicates that pair is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming bearish Elliot wave 5 to target demand zone at level 1.6610
Price is based below HVN at level 1.6815 which indicates that pair is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming bearish Elliot wave 5 to target demand zone at level 1.6610