EURNZD: Multi Time Frame Analysis & Trading Plan
Morning guys!
EURNZD is retesting a key daily structure.
due to a current bearish sentiment on the pair, we are short biased here.
moreover, daily structure matches perfectly with a recent 4H/1H structure and we see a double top with a lower high formation on that!
as always, our trigger is a bearish breakout of minor structure support 1.7765 (1H candle close below).
then we short on retest or aggressively and let the market drop lower.
target levels:
1.7692
1.7615
remember that the pair may coil in a range for many hours!
in addition to that, bullish breakout is also possible!
then the setup will be just invalid :)
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