-600 Points Reached in EUR/NZD Sell Signal

EUR/NZD Analysis : 

EUR/NZD is moving in a downtrend by forming Lower Highs and Lower Lows in H4 Chart.

After market reaching the top zone of the downtrend, The Big wick formed in the candlestick as it confirms the reversal, and also the sellers pressure pushed the market down.

After the confirmation of downward move, EUR/NZD Sell signal is given.

EUR/NZD went down near to take profit around +700 Points, but didn’t reach our take profit. it came up again for testing the top zone.

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