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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Smart trades begin with smart signals. Join us
t.me/Pro_Chart_Analysis
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t.me/Pro_Chart_Analysis
t.me/Pro_Chart_Analysis
Gold, Forex & Crypto
Your edge starts here
t.me/Pro_Chart_Analysis
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.