EURNZD | Get ready for a downturn | Week, July 27-31,2026Euro vs New Zealand DollarBLACKBULL:EURNZDcncstarHello Traders! This time, we'll continue with another cross pair after CADCHF. EURNZD is having a pullback to retest the convergence of resistance and the three EMAs following the previous sharp decline. The bull trap that occurred during the FOMC meeting indicates that price action is primed for the next downtrend. A signal candle with valid volume has appeared and we are going to place a Sell Stop and wait for the market's response