EUR/NZD Waiting to break out

EUR/NZD is in a nice downwards trend, we can see on the daily chart the price has closed under the 200EMA (Blue) indicating the path of least resistance is now to the downside. On the 4 hour we are having some price consolidation. once price breaks the consolidation we can trade this down to the trend line at 1.68500.

I will update this trade once it becomes active, we will only enter the trade once we get the break. Be patient and wait for the signal :)

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