FX:EURNZD Euro Fx/New Zealand Dollar
A text book by definition :) PA touched the 61.8 to classify for the and is on it's way to the 78.6 to complete the pattern. However a AB-CD completes a bit higher than the @565 which could be the initial short The 565 is a nice res. at structure with possible dip lower to complete the and turn . Alternative view according to recent Euro weakness and NZD strength, could stop the PA and force a correction. Neither show significant change in strength so fundamentals will decide the behavior in the near future.