EURNZD: Overbought Market & Correctional Movement 🇪🇺🇳🇿

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EURNZD looks overbought after a test of a key daily resistance.

The price violated a support line of a rising parallel channel
and a neckline of a head & shoulders pattern on a 4h time frame.

With a high probability, the market will keep falling at least to 1.788

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ForexforextraderfreeforexsignalsHead and ShouldersMultiple Time Frame AnalysisParallel Channelpriceactionpriceactionsignalspriceactiontrading

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