EURNZD: Bearish Continuation 🇪🇺🇳🇿

Short

Euro / New Zealand Dollar (OANDA:EURNZD)

Updated

OANDA:EURNZD Euro / New Zealand Dollar

Support and Resistance Candlestick Analysis Chart Patterns euro NZD EUR EURNZD newzealanddollar Forex

supportandresistance candlestick chartpattern euro nzd eur eurnzd newzealanddollar forex

snapshot

What a sweet breakout of a rising wedge pattern on EURNZD.
After the price reached a strong daily supply cluster,
the price was nicely rejected and then violated wedge's support.

Now the market will go lower.

Goals:
1.6947
1.691

For entries, I would consider a retest.

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Comment:

Check my new idea on GBPCHF:

GBPCHF: Great Shorting Opportunity Explained 🇬🇧🇨🇭

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