OANDA:EURNZD   Евро / Новозеландский доллар

Hello everyone:

EURNZD is back on my watchlist as we have now forming into a possible bearish continuation correction for more downside.

We can see from the top of the expanding structure, strong bearish impulse down, and price begin to consolidate.

With a few swing highs and lows, double tops, ascending channel within this latest correction, indicating more possible downside move.

Wait for price to confirm impulse down, follow by continuation correction to confirm the setup.

Thank you

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