Post #4231

🇪🇺🇳🇿EUR/NZD D1 Short Scenario – Targeting 1.8900 🔍 The pair has entered a corrective phase after rejecting key resistance near 1.9250, aligning with a broader bearish bias on the daily timeframe. 📊Technical Outlook: 📎 Price structure confirms a series of lower highs, maintaining bearish market sentiment. 📎 The daily candle rejections at resistance strengthen downside momentum. 📎 Next major liquidity pool sits near the 1.8900 demand zone, our projected short-term target. 📰Fundamental Context: 📎 Ongoing weakness in the Eurozone outlook, weighed by softer economic data, contrasts with the relatively stable New Zealand fundamentals. 📎 Market participants continue to favor NZD as risk sentiment improves, putting additional pressure on EUR. 📊Trading Insight: As long as price holds below the 1.9100–1.9150 resistance range, sellers maintain control with 1.8900 in focus as the next downside objective. 🥇Join us Winning team