OFT-Forex

EURNZD To continue it's weakness

Short
FX:EURNZD   Euro / New Zealand Dollar
After a fresh multi-year low in October/November low at 1.61000, the PA came rushing back on the backend of Omicron fears.. Only to establish a lower high on the monthly timeframe with a 61.8 Fib confluence. 1.66000 key level is acting as a major inflection point for this pair to continue downward pressure.