EURNZD: Ranging Market & Trading Plan 🇪🇺🇳🇿

Short

Euro / New Zealand Dollar (OANDA:EURNZD)

Updated

OANDA:EURNZD Euro / New Zealand Dollar

mtfa supplyanddemand wedgepattern eurnzd euro newzealanddollar priceaction fxtrading

EURNZD is trading within a narrow consolidation trading range on 6H.
1.67 - 1.6715 is its resistance
1.653 - 1.655 is its support.

The price is approaching its resistance now.
To sell with a confirmation wait for a bearish breakout of a rising channel on 1H.

Goals will be 1.6615/1.655

In case of a bullish breakout of resistance of the range, the setup will be invalid.

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