EUR/NZD:
EUR/NZD D1 chart price is currently at a key resistance level. And from the D1 chart, the candle pattern formed by the previous candle indicates that the trend has a high probability of reversing. From the perspective of the RSI indicator, the price has also been seriously overbought and suitable for shorting.
If the chart pattern formed by the H1 chart continues to break down, there is a high probability of becoming a double top pattern. If the price has no way to break through the lower support level, there is a high probability that the price will continue to consolidate in the channel range. But the general direction still has the possibility of reversal.
Order suggestion:
High short.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
