Euro / New Zealand Dollar
Short
Updated

EURNZD sell set up- Bears taking control?

352
We’re seeing selling pressure build up on EURNZD as price struggles to hold above resistance. A break below 1.8990 could open the doors for further downside.

🔍 Why I’m Watching This Trade:
✅ Price rejecting key resistance, signaling exhaustion
✅ Bearish structure forming, aligning with moving averages
✅ Potential liquidity grab before continuation lower

🔹 First Target: 1.8910
🔹 Final Target: 1.8805

If price confirms a breakdown, we could see sellers step in aggressively. Keeping an eye on momentum before entering!

Trade active
Trade closed: target reached
TP 1 hit 🔥🔥🔥

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.