EURNZD has reached structure resistance in the ascending channel.
The market is in consolidation, and most likely, the price will bounce off the resistance zone because it is decelerating.
Pullback from the killzone is expected: structure resistance + dynamic resistance and Fibonacci 161.8% extension level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is in consolidation, and most likely, the price will bounce off the resistance zone because it is decelerating.
Pullback from the killzone is expected: structure resistance + dynamic resistance and Fibonacci 161.8% extension level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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