Euro / New Zealand Dollar
Short

EURNZD: Time to Fall?!

147
EURNZD has successfully formed a cup & handle pattern and has broken through its neckline on the 4-hour time frame.

This violation confirms a Change of Character (CHoCH) and suggests a potential bearish reversal in the near term.

The price is expected to decrease and potentially reach the support level at 1.7807.

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