Euro / New Zealand Dollar
Short
Updated

EURNZD: Important Structure Breakout

659
snapshot

hey traders,

EURNZD broke a key level again.
With this strong high momentum bearish candle, the price is trading below key structure right now.

If you missed that rally, I would recommend you paying attention to the confluence area based on a falling trend line and horizontal resistance.
That serves right now as a local supply zone. It can be a very safe area to short from.

Goals will be:
1.675
1.671
Note
Watch my new video on USDJPY:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.