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EURNZD DESCENDING TRIANGLE GETTING TIGHTER !

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SAXO:EURNZD   Euro / Nyzeeländsk dollar
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here is the analysis for EURNZD
Prices continue to consolidate and making lower lows, we can see also prices broke its trendline, and currently, the price is at resistance, we could see a breakout to the downside, BUT, the price has multiple levels of support below it, I can't see where the target would be to give us favorable risk-reward.







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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**

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