EURNZD looks overbought after a test of a key daily resistance.
The price violated a support line of a rising parallel channel
and a neckline of a head & shoulders pattern on a 4h time frame.
With a high probability, the market will keep falling at least to 1.788
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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.