EurNzd reaches key level

The 4h price chart for EurNzd shows price moving to the downside in a bearish channel, and gives me reason to believe that the key level it has currently reached could serve as significant s/r levels. I expect that the bears will continue with another wave down based off of pervious price action.

I will be paying close attention to this pair, and looking for trading opportunities that coincide with my trading strategy.

What are your thoughts and ideas? I am a beginner and self teaching, so i'm very interested in the opinions of others.