Greetings Forexia family, lets break down the analysis on EURNZD.
As i can see that we have an obvious downtrend on EURNZD
And I can see that the pair has formed the support and broke it, and now its working as resistance along with trendline. I believe in the market there are many sellers in this pair. Thus, i believe its highly likely to go up.
PLEASE USE THIS ANALYSIS AS A GUIDE TOOL FOR YOUR TRADING AND USE PROPER MONEY MANAGEMENT IN YOUR TRADING