EURNZD: short setup from support at EUR/NZDOANDA:EURNZDThe_Traders_HouseIn my opinion, EURNZD can continue to decline, although the breakout itself might not happen today. We see a clearly defined level that was tested today, and so far we haven't seen a correction. Although I logically expect one, if it doesn't happen, it will be a strong signal for a short. Overall, we have been going down for quite a while: the market is moving in a "drop - consolidation - drop" structure, which is why I continue to expect further decline. WHAT I WANT TO SEE: clear path beyond level prolonged base (consolidation) volatility contraction on approach close retest lack of rejection after false break OBSERVED RISKS: distant retest Do you see this setup differently? Let me know your thoughts in the comments. If this logic aligns with your trading plan, support the idea with a boost! Disclaimer: This publication is part of my public trading journal. The material is strictly for educational purposes, reflects my market perspective, and is not financial advice. Trading facts, not expectations.