EURNZD - Descending Wedge Bullish Breakout Confirmed

📢EURNZD 2H - Technical Breakdown

📈Price action has recently broken out to the upside from the visible descending wedge pattern with building momentum. The 50 MA at 1.80120 has been surpassed indicating strength building to the upside which could result in a new up-trend playing out over the remainder of this week.

Chart PatternsEURNZDeurnzdanalysiseurnzdbullisheurnzdbuyeurnzdforecasteurnzdlongeurnzdselleurnzdshortHarmonic PatternsTrend Analysis

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