IOX-FX - EURNZD - Support break + resistance retest + bearish ch
Eurnzd
We are looking for a downward movement, the price is moving in a bearish channel on a weekly timeframe.
The price has broken the support that has now become resistance.
Wait for the weekly candle close to confirm the downward movement.
Possible target: 1.56062
We are looking for a downward movement, the price is moving in a bearish channel on a weekly timeframe.
The price has broken the support that has now become resistance.
Wait for the weekly candle close to confirm the downward movement.
Possible target: 1.56062