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. 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.