EURNZD: Very Bearish Outlook 🇪🇺🇳🇿

snapshot

EURNZD retested a daily key resistance again.
After its test, the price formed a head and shoulders pattern
and broke below a support line of a rising channel & a horizontal neckline of h&s.

The price may drop lower now.

Next support - 1.6188

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EURNZDforecastHead and ShouldersParallel ChannelpriceactionpriceactionanalysispriceactionstrategypriceactiontradingSupply and Demand

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