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ThinkingAntsOk

EUR/NZD Bearish view by ThinkingAntsOk

Short
Euro / New Zealand Dollar (FX:EURNZD)  
ThinkingAntsOk  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR NZD EURNZD short Bearish Patterns view analysis
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trendanalysis supportandresistance mtfa eur nzd eurnzd short bearish view analysis
🔸 4H CHART EXPLANATION:
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🔸 Price is on a downtrend.
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🔸 It has broken the Descending Trendline, however, the bullish strenght was not enough to break the Resistance Zone.
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🔸 Instead, the structure has been broken to the downside.
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🔸 Will look for a lower timeframe setup.

🔸DAILY CHART ANALYSIS:

snapshot

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