Bearish Continuation

Updated
I'm already short on this pair from 1.62486 - however, a bearish flag/pennant formation is forming and I believe there is still room to get in for a little over 200 pips. Stop loss can be placed above the flag (inner blue lines) or above the crossing MA's.
Trade closed manually
Trailing stop triggered
Chart PatternsEUREURNZDNZDTrend Analysis

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