EURNZD on the 8H chart is showing clear exhaustion after forming a double top near the psychological resistance at price structure confirms a completed rising wedge indicating bearish divergence and potential trend reversal from a wave five high price failed to sustain above the resistance zone highlighting strong selling pressure from institutional levels on the fundamental side the New Zealand economy shows resilience supported by recent hawkish RBNZ stance while Eurozone faces stagnation due to weak industrial output and geopolitical uncertainty this imbalance increases downside probability with next key Support 1.92000.