EURNZD, like all pairs of EURO, is in the down trend. However, market doen't rise or fall without retracing. 1.6412 is such a level from where I see the pair retracing, as it will be over extended and over sold on H4 level at that point.
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.