EURNZD | SELL Trade BreakdownEuro / New Zealand DollarFOREXCOM:EURNZDTradesByEThis one caught my eye because of the confluence sitting right at the breakdown zone. The Setup: The Previous Month Low and Previous Week Low were essentially stacked on top of each other — that kind of overlap doesn't happen by accident. I waited for a full candle close beneath both levels before entering. No early entries, no anticipation — just confirmation. Why this matters: A single level breaking is noteworthy. But when PML and PWL are sitting at the same zone and price closes through both of them, that's a strong signal that the market has made its decision. Buyers couldn't hold either level — that's bearish intent. Target: 1.9532 zone Will keep you updated as this one plays out. Risk is managed. 📉