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EURNZD: Bearish Outlook

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
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OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis euro newzealanddollar EUR NZD EURNZD Forex Technical Analysis trading trader
23
10
trendanalysis chartpattern waveanalysis euro newzealanddollar eur nzd eurnzd forex technicalanalysis trading trader
snapshot

EURNZD is trading in a strong bearish trend.

After a steady recovery from 1.63 level, the price is facing a strong horizontal daily/4h resistance cluster.
Bearish engulfing candle confirms the strength of the underlined level.

I expect a bearish move.

Goals:
1.6485
1.636
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