EUR/NZD currency pair is in a strong downtrend .
The pair made a swing down to 1.7984 at 18 April then it retraced up to 1.8875 making lower high
recently on the Daily chart , the pair made a lower low at 1.7350 indicating the strength of the bears and solidity of the downtrend .
Now it's retracing to the upside , We are looking forward to SELL the pair at a strong area of resistance