Reasons:
- EUR is relatively weaker than NZD
- Tendency is strong downward with previous upward trend line became invalid
- Huge bearish bar in D1
- Price reversed at the downward trend line in D1 further approved downward tendency
Plans:
1. Sell at 1.66300 if resistance holds, or
2. Sell the breakout of small upward trend line
Target: 1.64200 or 1.63400
- EUR is relatively weaker than NZD
- Tendency is strong downward with previous upward trend line became invalid
- Huge bearish bar in D1
- Price reversed at the downward trend line in D1 further approved downward tendency
Plans:
1. Sell at 1.66300 if resistance holds, or
2. Sell the breakout of small upward trend line
Target: 1.64200 or 1.63400
