EURNZD had that consolidation period and tried to break it but showing lack of momentum.
So beside lacking momentum, it's at support level so it's likely to bounce back to test the trendline .
Have very tight stop-lose and ride this retest and trigger your trade by going over this minor resistance level .
If prices consolidated toward the trendline as shown in our old forecast then break this support, we will get back to our old forecast scenario:
Good luck, and to be updated....
So beside lacking momentum, it's at support level so it's likely to bounce back to test the trendline .
Have very tight stop-lose and ride this retest and trigger your trade by going over this minor resistance level .
If prices consolidated toward the trendline as shown in our old forecast then break this support, we will get back to our old forecast scenario:
Good luck, and to be updated....
Under any means the prices should not go over this consolidation, if it did I'll update this idea.