Euro / Dollaro neozelandese
Short
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EURNZD Daily: Bearish Rejection at Supply Zone

151
Hello Trading Fam! 👋

Price was in an upward channel but then broke and started moving in a downward channel.

Now it is heading back into a supply area and the idea is to look for selling opportunities from that zone in line with the new downtrend.

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Nota
The overall trend is bearish. The price has reached a supply zone, which is an area where sellers are expected to step in. This could cause the price to reverse and move downward.
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Nota
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Trade chiuso: obiettivo raggiunto
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