EUR/NZD Key Support Level at RiskEuro/New Zealand DollarFX:EURNZDAshkanshamsThe EUR/NZD pair is currently testing a critical support zone around 2.04535. This level has historically acted as a strong barrier against further declines, and price action is now hovering near it. 🔻 A confirmed break below this support could trigger a fresh bearish move. If a candle closes decisively below this level, it may offer a valid short entry opportunity. 📍 Suggested Stop-Loss: Above the resistance at 2.06640 🎯 Initial Target: Monitor price reaction at lower zones and follow the bearish structure accordingly 📊 The current market structure reflects weakening buyer momentum. If the support fails, selling pressure is likely to intensify. ⚠️ Risk management is essential. Always size your position according to your strategy and tolerance. 🧭 If you decide to enter this trade, feel free to follow along with me as we manage the position step-by-step and exit at a logical and optimized level. #EURNZD #ForexAnalysis #TechnicalAnalysis #PriceAction #SupportBreak #BearishSetup #TradingStrategy #RiskManagement #FXTrading #TradingView