EURNZD rebounded from upper limit of broadening pattern with strong bearish movement
Price is based below resistance level at 1.7964
MACD shows bearish momentum
RSI is below level 50
It's expected the continuation of bearish momentum to target first HVN at level 1.7740
then finally target lower edge of broadening pattern at level 1.7520
Price is based below resistance level at 1.7964
MACD shows bearish momentum
RSI is below level 50
It's expected the continuation of bearish momentum to target first HVN at level 1.7740
then finally target lower edge of broadening pattern at level 1.7520