At EURNZD we are in a clear downward trend. The last part starts on November 13. We are currently in consolidation and expect a resumption of the down movement.
A break below 1.6962 will confirm the continuing. The first target we expect is 1.6828!
A break of the channel resistance and a higher peak will be the reversing signals.
If you have questions about how to trade this or another situation, contact us!