EUR/NZD Technical analysis
2019-11-20 19:53:43
Bearish cues are lining up one after the other in the counter.
The price action is resisted by a bearish trendline and the counter has broken down a critical support level of 1.73201.
Further, the broken support is acting as a resistance capping upside movement.
Hence, we expect the pair to be bearish in the short-term.