EURNZD short (Supply and Demand)

General:
Lets look a little bit back. EURNZD broke out of the ascending Trend Line and started to drop. This week price broke the Support Zone. Now price Retest it.

2 Scenarios:

1) Price will drop now more. Target is the Demand Zone.
2) Price will make a touch at the Supply Zone before dropping. Target will be Demand Zone.

For me the First Scenario is the one that I am expecting.

I hope you all enjoy my Analysis. Please leave a LIKE and a COMMENT.
For more Analysis, Trading Content, Education, Mentorship, Entry, SL and TP check out my BIO.