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EUR/NZD BEARISH BIAS RIGHT NOW| SHORT

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Euro / Dollar New Zealand (FX:EURNZD)  
EliteTradingSignals Diupdate   
FX:EURNZD   Euro / Dollar New Zealand
Trend Analysis Chart Patterns Wave Analysis EURNZD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurnzd short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 7H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.795 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Komentar:
We are seeing a good move already so we will keep the trade running!
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