• Vasily Trader

EURNZD: Important Breakout & Bearish Outlook

Hey traders,

Have you seen this bearish breakout of a key weekly structure on EURNZD .

It opens a potential for a strong bearish continuation.

For entries, consider a wide daily area:

1.633 - 1.663 is the zone from where I will look for shorting opportunities.

I will wait for an occasional retest of that and then will look for a confirmation to sell.

Next support is 1.59