EUR.NZD - Considerable Downside Expected ( Weekly TF )

Currency Pair: EUR.NZD
Time Frame: Weekly, Daily, 4hr & 1hr
Predicted Direction: Short

EUR.NZD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Kommentar:

Kiwi news on the calendar in the next couple of hours which could shake this pair up a little.
I personally executed the NZD>CHF as I felt it had better technical confluence factors.