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Euro / New Zealand Dollar
Short

EURNZD: Classic Top-Down Trading Setup 🇪🇺🇳🇿

458
snapshot

EURNZD reached a key daily structure resistance on Friday.
Testing the underlined yellow area, the price formed a head & shoulders pattern on 1H time frame.

Its neckline was broken during the NY session yesterday.

I expect a bearish continuation to 1.735 / 1.725

For entries, consider an occasional retest of a broken neckline.

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EUREURNZDeuroforecastForexHead and ShouldersMultiple Time Frame AnalysisnewzealanddollarNZDSupport and Resistancetechincalanalysistrading

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EUREURNZDeuroforecastForexHead and ShouldersMultiple Time Frame AnalysisnewzealanddollarNZDSupport and Resistancetechincalanalysistrading
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.