EURNZD: Your Trading Plan For This Week 🇪🇺🇳🇿

By VasilyTrader
snapshot

EURNZD is trading within a falling channel on a daily time frame.
For the last 2 weeks, the pair is consolidating, though.

The price formed a descending triangle formation - a bearish accumulation pattern.
To catch a bearish continuation, wait for a bearish breakout of 1.673 - 1.679 horizontal support.
After a daily candle close below that, a bearish continuation will be expected.

Goals will be 1.66 / 1.65

Be patient and wait for a breakout.

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EUREURNZDnewzealanddollarNZDParallel ChannelswingswingtradeswingtraderswingtradingTrend LinesTriangle
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