EUR/NZD Forecast: Short Position Setup
📉 **EUR/NZD Forecast: Short Position Setup** 🔹
EUR/NZD is currently trading at **1.79561**, with a potential move within a range targeting **1.76111** as a key downside objective. Tracking these levels closely could reveal strong indications for market direction.
🔍 **Key Levels to Watch:**
- **Immediate Resistance:** 1.79849
- **Support Zone:** 1.79029
- **Target Range:** 1.79846 to 1.76111
📊 **Forecast Details:**
If the price reaches and holds below **1.79849**, this could confirm a continuation of the downward trend. Breaking through **1.79029** as support strengthens this setup, paving the way toward our primary target of **1.76111**.
💡 **Market Insight:** The bearish outlook suggests watching for potential pullbacks near resistance before the price resumes its trend downward.
👉 Do you agree with this EUR/NZD setup? Share your thoughts below!
#EURNZD #ForexForecast #ForexTrading #Pipnest #MarketAnalysis
EUR/NZD is currently trading at **1.79561**, with a potential move within a range targeting **1.76111** as a key downside objective. Tracking these levels closely could reveal strong indications for market direction.
🔍 **Key Levels to Watch:**
- **Immediate Resistance:** 1.79849
- **Support Zone:** 1.79029
- **Target Range:** 1.79846 to 1.76111
📊 **Forecast Details:**
If the price reaches and holds below **1.79849**, this could confirm a continuation of the downward trend. Breaking through **1.79029** as support strengthens this setup, paving the way toward our primary target of **1.76111**.
💡 **Market Insight:** The bearish outlook suggests watching for potential pullbacks near resistance before the price resumes its trend downward.
👉 Do you agree with this EUR/NZD setup? Share your thoughts below!
#EURNZD #ForexForecast #ForexTrading #Pipnest #MarketAnalysis
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.