Hello guys, Based on the chart, we had a downtrend and now price reach a major resistance area. What we see now, is a bearish engulfing candle at this area which can show the strong rejection of price at this point. So based on these scenarios we can expect to have a drop on EURNZD for the following hours. Note: This post will be update base on market reaction. ✅✅ If you found our analysis useful, please Like and Subscribe us to receive more signals in future. ✅✅