Greetings Forexia Family, lets analyze EURNZD.
As i can see from the daily chart that the pair has overall downtrend bias.
I can see that the price has touched the “support” for traders to go long and price broke the trendline. Thus, we have a lot of buyers in the market.
I believe the pair is more likely to go down.
PLEASE USE THIS ANALYSIS AS A GUIDE TOOL FOR YOUR TRADING AND USE PROPER MONEY MANAGEMENT IN YOUR TRADING