EURNZD DAILY FORMING INVERSE HEAD AND SHOULDERS(POSSIBLE SETUP)

I'm beginning to see an inverse head and shoulders setup, however, EURNZD still has the potential to break lower out of that long term trend channel, especially after already breaking out of the recent ascending wedge, keep your eyes peeled looking for a move that allows setups in either direction. If the inverse head and shoulders does complete then it will definitely retest that high,
as well as likely make a 1.13 false breakout.

Comment:

It appears that the trend support has held and that it will likely complete the pattern, we'll wait and see.

Comment:

Going Long, Inverse Head and shoulders has finished.