EURNZD: Consolidation & Indecision | Your Plan 🇪🇺 🇳🇿

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snapshot

For the last two weeks, EURNZD remains weak and indecisive.
The pair is coiling within a horizontal trading range.
It looks like the market participants are waiting for some fundamentals.

To catch a bullish move wait for a bullish breakout of a range's resistance.
In case of a 4H candle close above that a bullish movement will be expected to 1.73 level.

In case of a bearish breakout though, the pair may drop lower.

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Check my new analysis on GBPUSD, Bitcoin, GBPAUD, USDCAD:
MarketBreakdown | GBPUSD, Bitcoin, GBPAUD, USDCAD
EURNZDeuroForexforexanalysisforextradingfxtraderParallel ChannelRectangleSupport and Resistancetrading

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