EURNZD Might Be Going Down A Bit
1) Price has created a double top and price has dropped below the neckline.
2) Price might retrace back to major support region (Which is above the neckline) before rejecting it as a resistance zone and dropping below.
Price are belo the EMA/s as well.
2) Price might retrace back to major support region (Which is above the neckline) before rejecting it as a resistance zone and dropping below.
Price are belo the EMA/s as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.