EURNZD Analysis
EURNZD has broken the horizontal support area and falling from the lower high area of the descending channel in the 1-hour timeframe chart
EURNZD Update
EURNZD has broken the descending channel and starts to consolidate which leads to the SL price. However, EURNZD still have chances to fall and create new lows.
Please note In the forex market, technical works 80% of the time, and fundamental works 20% of the time. This time fundamental wins. Be patience and wait for the next good opportunity signal.
We always want you to trade safe under all market conditions.
Don’t trade all the time, trade forex only at the confirmed trade setups.
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