EURNZD trend continuation?

Afternoon Dynamic Traders

I hope you're all having a great trading week and taking positive action with what the market is offering at the moment.

Just a quick update from me on the EURNZD Daily chart. Price is showing bearish signals and a good opportunity to enter as soon as we have a BOB of the recent low. Confluences are clear - we have a H&S formation, price is below the figure and we have a recent flag formation which has also retested the neckline. Of course we also have the all important trend in our favour. So I'm awaiting a MOBO entry. An ESLT entry on the BOB of the low can also be taken.














Have a great rest of the week.
Great trading!
Sonia Molina