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EUR/NZD - potential inverted head and shoulders pattern
Euro / New Zealand Dollar
Long
EUR/NZD - potential inverted head and shoulders pattern
By MISSF0RTUNE
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Feb 26, 2017
7
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.
EURNZD
Head and Shoulders
LONG
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MISSF0RTUNE
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