EURNZD - Bearish trajectory to continue?

2019-11-04 14:10:59

PAIR IN FOCUS: EURNZD
ACTION: SHORT
HORIZON: SHORT-TERM

Price has broken down from a medium-term rising wedge pattern, and may continue downwards for some time before retracing up. TPs indicated are both short-term targets. If price reaches TP 1, we can expect a retrace before heading down towards TP 2.

TPs have been indicated on the chart, plan your own Stop Loss. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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