Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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EURNZD APPROACHING A STRONG ZONE!
As we can see price is still overall bullish trading inside this channel clean higher highs and higher lows.
However, price is approaching massive zone!
Our upper resistance zone, lining up with our upper bound of the channel acting as an over-bought zone!
Where we will be looking for new bearish movements on lower time frame
Like: trendline break or any bearish reversal setup.
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and as usual follow your trading plan and manage your risk.
Be patient and good luck!