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EUR/NZD BEARS ARE GAINING STRENGTH|SHORT

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Hello, Friends!

Bearish trend on EUR/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.796.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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Bearish PatternsChart PatternsEURNZDforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis
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