EURNZD short (Supply Demand, Structure, Trend)

Price is currently at a Demand Zone. This is a daily Demand Zone. Also we can see there is another Demand Zone in the Demand Zone. Sometimes we can see something like that. This does not mean that we could not break the Demand Zone.

Structure:
- If we look at the Structure we can see that we are currently in a Down Trend.
- price broke the previous trend line and we changed the Trend.
- Now looking at the weekly chart we can see a potential for the price to drop a lot.
- Therefore my bias for EURNZD is short.
- Better sell the top in a Down Trend than buy at a Demand Zone. It is simply safer.

I am expecting the price to push higher. There I would take shorts. Also a buy now at the Demand Zone is a possible Trade. Just follow Risk-Management and you are good.

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