Two descending channels in EUR KIWI

Updated
Hi folks:

Here's another view on this pair for your consideration. A possible descending channel seems to be well respected so far inside the bigger descending channel.

Today's ECB release has sent the EURO skyrocketting and that may be the beginning of a reversal. Candle so far shows an engulfing bullish candle so hopefully we will go up from here.

Cheers

Trade active
Amazing how the channel worked flawlessly from the bottom to the top.
Trend Analysis

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