EUR/NZD BEARS ARE GAINING STRENGTH|SHORT

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Hello,Friends!

The BB upper band is nearby so EUR-NZD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.778.

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Anmerkung
We are seeing a good move already so we will keep the trade running!
Bearish PatternsChart PatternsEURNZDforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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