Greetings Forexia Family lets breakdown the analysis on EURNZD.

Based on my perspective i can see that the pair had been trapping the buyers for a long time.

I can see that the pair has trapped the traders on the trendline.

2nd the traders got trapped above the support which previously acted as resistance.

3rd Pair has formed the support which was activng for over two weeks.

I believe the pair has more potentials to go down.

PLEASE USE THIS ANALYSIS AS A GUIDE TOOL FOR YOUR TRADING AND USE PROPER MONEY MANAGEMENT IN YOUR TRADING

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