IOX-FX - EURNZD - Support break + resistance retest + bearish ch
Eurnzd
We are looking for a downward movement, the price is moving in a bearish channel on a weekly timeframe.
The price has broken the support that has now become resistance.
Wait for the weekly candle close to confirm the downward movement.
Possible target: 1.56062
We are looking for a downward movement, the price is moving in a bearish channel on a weekly timeframe.
The price has broken the support that has now become resistance.
Wait for the weekly candle close to confirm the downward movement.
Possible target: 1.56062
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.