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EUR/NZD BEST PLACE TO SELL FROM|SHORT

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Euro / Nyzeeländsk dollar (FX:EURNZD)  
EliteTradingSignals Uppdaterad   
FX:EURNZD   Euro / Nyzeeländsk dollar
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 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.771 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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