Technical Analysis EURNZD
The EURNZD pair has broken below its ascending channel, confirming a bearish shift in market structure. Following the breakdown, price completed a clean retest of the lower channel boundary, which is now acting as resistance.
From a technical standpoint, the pair is expected to continue lower, with the first minor support target at 2.0000. A decisive break beneath this level would open the path toward the final bearish target at 1.9659, aligning with broader downside momentum.
The EURNZD pair has broken below its ascending channel, confirming a bearish shift in market structure. Following the breakdown, price completed a clean retest of the lower channel boundary, which is now acting as resistance.
From a technical standpoint, the pair is expected to continue lower, with the first minor support target at 2.0000. A decisive break beneath this level would open the path toward the final bearish target at 1.9659, aligning with broader downside momentum.
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Your edge starts here
t.me/Pro_Chart_Analysis
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.