very similar to EUR/NZD, failed to break clear of trend line, head and shoulders pattern. closed bellow neckline after failing to close above it. failed at multiple levels levels of resistance. a nice setup
very nice looking setup, failed to break clear of 2015 trend line, also a double top. head and shoulders pattern now valid. it has now closed bellow the neckline for 2 consecutive days after failing to close above it today. also has closed bellow the 200 MA which has been holding well. A very nice setup.
defiantly a pair that needs to be watched for a potential breakout. favoring a break to the topside but there is a chance it could be to the downside as well. only time will tell, i will buy/sell the breakout.
