📉 **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
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.