EURNZD: Falling Towards Horizontal Support

397
Price has been printing lows for some time now
Price is falling towards a horizontal support which price seemed to have been bouncing off multiple times in the past
I believe a rejection from this level could lead the price to rise towards the resistance level
I'm bullish biased

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.