Looks like EUR/NZD is making an inverted head and shoulders pattern. A long position occurs if price hits the 0,236 retracement.
First target would be around the neckline, second target would be the 0,786 retracement if a break out occurs.
First target would be around the neckline, second target would be the 0,786 retracement if a break out occurs.
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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.