EURNZD: Two Trading Scenarios

hey guys,

very interesting situation on EURNZD!

the market is testing a major trendline and the market gives us two potential trading opportunities!

short:
my bias on this pair is bearish due to the sequence of the lower highs and I expect to see a bearish breakout of trendline.
pay attention to a decision range on 1H and sell in case of a bearish breakout with initial target 1.821

long:
just in case of a bullish violation of a range on 1H we can buy, but profits most likely will be limited!
t1 will be 1.87/ t2 - 1.884


lets see how it gonna unfold!
good luck!