EURNZD: Classic Bearish Reversal 🇪🇺🇳🇿

Short

Euro / New Zealand Dollar (OANDA:EURNZD)

Updated

OANDA:EURNZD Euro / New Zealand Dollar

Parallel Channel Trend Lines Candlestick Analysis Forex trading priceactionanalysis priceaction priceactiontrading priceactionstrategy

parallelchannel trendline candlestick forex trading priceactionanalysis priceaction priceactiontrading priceactionstrategy

snapshot

EURNZD looks very bearish.
The price formed a high momentum bearish candle on hourly time frame
and then broke a support line of a rising parallel channel.

It looks like the pair may go lower.

Goals:
1.6165
1.6095

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