To be, based purely on Technical analysis, EURNZD seems to have formed an Ascending Triangle pattern on the 1D chart.
Where it will head to will be determined on which end it will breach the triangle. However as can be seen from the chart I have a bearish bias.
DISCLAIMER:
This information is provided as an opinion only and is in no way meant to be used for trading or any other purpose.
Where it will head to will be determined on which end it will breach the triangle. However as can be seen from the chart I have a bearish bias.
DISCLAIMER:
This information is provided as an opinion only and is in no way meant to be used for trading or any other purpose.
Note
First target reached.Note
Second Target reached.Note
ascending trendline breached... short movement in play - looking at 1.6784
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.
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.