Hello dear traders

we are back to EUR NZD and as i mentioned last time about this pair,, i spoke a bout a level that the price should rebound from wich is 1.5990 and actullay the pair rebounded from with 138 pips!

and the condition was , is that level shoudl not be broken violently and that's what happened price went below it 14 pips and it came back up, now still the trend is bearish , means we don't buy, now if the price goes back again to 1.5990, we wait for price action as confirmation and we sell again


thank you
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