EUR/NZD SHORT OPPORTUNITY 1 DAY CHART

PRICE IS BELOW THE 50 MA AND HAS BROKEN THE BULLISH TREND LINE. CURRENTLY IT IS JUST ABOVE THE RESISTANCE LINE. IF CANDLE STICK BREAKS THIS RESISTANCE LINE AND CONTINUES DOWNWARD DIRECTION AFTER CONSOLIDATION, SHORT IT WITH CONFIDENCE WITH 1.57 TO 2 RISK REWARD RATIO.