Possible bearish price movement for EUR/NZD
Hi Traders,
let's start our Sundays analysis with EUR/NZD on 4H chart. We can see that price is at key resistance that has seen multiple tests in past. This pair saw some bullish momentum last week, however we believe price will bounce off the resistance line because of key resistance and indicators is signalizing to us that price is loosing its momentum and volume is decreasing.
What do you think about this idea ? Let us know in comments and don't forget to hit that like and follow button to help us growing this channel :)
Good luck !
let's start our Sundays analysis with EUR/NZD on 4H chart. We can see that price is at key resistance that has seen multiple tests in past. This pair saw some bullish momentum last week, however we believe price will bounce off the resistance line because of key resistance and indicators is signalizing to us that price is loosing its momentum and volume is decreasing.
What do you think about this idea ? Let us know in comments and don't forget to hit that like and follow button to help us growing this channel :)
Good luck !
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