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!