FX:EURNZD   Euro / New Zealand Dollar
EURNZD broke downtrend line
price above HVN around 1.6900
price based above SMA 100
MACD shows bullish momentum
RSI above 50
price formed inverted head and shoulder
so its expect bullish movement to resistance level around 1.7100
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Comments

Keep it up mate, nicely done 👍🏼
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Great analyzes again. Thanks for sharing!
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Nice analysis
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Great idea.
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Weak NZD will bring this up for sure.
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nice chart,....

same view, sir,...
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MMFXSignals DiantaraTrader
@DiantaraTrader, nice analysis
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That's true! to be honest I was closely pay attention on the support and trendlines, I missed the head and shoulder pattern, well done!
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MMFXSignals FXtrades-gp
@FXtrades-gp, thnx
Reply
nice one on eurnzd, i also agree here! waiting for the confirmation to jump in!
Reply
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