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DeGRAM | EURNZD strong resistance

Short
Euro / New Zealand Dollar (FX:EURNZD)  
DeGRAM  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Support and Resistance eurnzdanalysis eurnzdidea eurnzdsignal
12
5
trendanalysis chartpattern supportandresistance eurnzdanalysis eurnzdidea eurnzdsignal
EURNZD broke out of the descending channel and moved higher to the resistance level, which is a psychological level at 1.7000.

The market overall is moving sideways on the daily timeframe . There's a nice confluence zone to short at the resistance level .

We expect a pullback from the resistance.


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