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EURNZD: Potential Breakout Trade

Short
Euro / New Zealand Dollar (FX:EURNZD)  
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FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis trader euro newzealanddollar dollar money
72
15
trendanalysis chartpattern waveanalysis forex trading technicalanalysis trader euro newzealanddollar dollar money
snapshot

Morning traders!

Today pay close attention to horizontal support on eurnzd.

the market keeps setting new lower highs and with each wave, the market contracts more and more on a structure.

to not be caught by a false breakout, wait at least for a 4H candle close below the underlined area.
then sell on pullback expecting a continuation to 1.8

good luck!
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