EURNZD SHORT BIAS
EURNZD we have this downtrend channel from March until now, we have a place of multiple support zone at 1.7620 which was broke to the downside June 2 and it was retested and nice held by sellers June 12 close of the week indicating a support turn resistance zone. I will love to see a possible retest of the 1.7620 as the new week open, held for more bearish move to downside or a bearish flag..
Our target can be the place of last low at 1.7170, but i think price might take out the lowest low and get to the 1.6900 zone as swing target for this possible bearish setup
Our target can be the place of last low at 1.7170, but i think price might take out the lowest low and get to the 1.6900 zone as swing target for this possible bearish setup
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