📉 EURNZD — Channel Breakdown Signals Potential Bearish Continuation
After a clean break below the ascending channel, EURNZD is now retesting the underside of structure. The pair has also rejected the lower time frame resistance zone, hinting at renewed downside momentum.
As long as price holds below 2.0220, bears remain in control with potential continuation toward the 2.0100 region. A daily close back above the broken channel would invalidate this setup.
Watching for confirmation on lower timeframes before continuation.
#EURNZD #ForexAnalysis #TradingView #PriceAction #TechnicalAnalysis #SwingTrading #ForexSetups #SmartMoney #FXInsights #MarketStructure
Precision setups. Smart execution. PulseTradesFX.
After a clean break below the ascending channel, EURNZD is now retesting the underside of structure. The pair has also rejected the lower time frame resistance zone, hinting at renewed downside momentum.
As long as price holds below 2.0220, bears remain in control with potential continuation toward the 2.0100 region. A daily close back above the broken channel would invalidate this setup.
Watching for confirmation on lower timeframes before continuation.
#EURNZD #ForexAnalysis #TradingView #PriceAction #TechnicalAnalysis #SwingTrading #ForexSetups #SmartMoney #FXInsights #MarketStructure
Precision setups. Smart execution. PulseTradesFX.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.