thedailychartist

EURNZD forging a bullish reversal (potential inverted H&S setup)

Long
FX:EURNZD   Euro / New Zealand Dollar
Currently at support and forming a potential breakout setup off of an inverted HS. Let's see how it deals with that neckline if the buying pressure persists.

Comment:
Did not pan out as anticipated but bottom is likely near. Still watching this.

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.