EURNZD (H4) – Chart pattern...

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EURNZD (H4) – Chart pattern...Euro / New Zealand DollarFOREXCOM:EURNZDXAUxBTC_ProEURNZD (H4) – Chart pattern: 🔻 Bias: Bearish (Sell) Price is rejecting a strong supply / resistance zone near 2.0400 – 2.0450, and the structure shows a likely move down. 🎯 Targets TP1: 2.0250 (first support / cloud level) TP2: 2.0180 (previous demand) Final Target: 2.0100 – 2.0120 ✅ (matches my marked “target point”) 🛑 Stop Loss SL: Above 2.0480 📌 Logic Rejection from resistance Price back inside / below Ichimoku cloud Lower high formed → continuation to downside Exact entry price Risk–reward setup Scalp vs swing targets.