My view on EURNZD: - MACD & ATR is decreasing to the bottom now => Volatility and momentum of price is decreasing - Price action on D1 turned from rectangle to descending triangle - Bollinger Band squeezed - My prediction is price will break through 1.7321 (support level) and down to the next support level (1.7000) Thanks for reading !
- BB is squeeze now - Price action is forming double top pattern - ATR is increasing from bottom now - When the trend line has been broken, I am going to expect price can move down to the support level (2.00000)