FX:EURNZD Euro Fx/New Zealand Dollar
EURNZD has made an impressive from from 1.3800 - 1.5400 but we have yet to see a correctional movement or wave pattern south. I'm liking the looks of this rising wedge and have a pending sell at 1.5055. It's a combo of the rising wedge break and Pattern if a short shoulder forms this week without taking out the 1.5400 high. IF 1.5400 is taken out I'll be interested in identifying resistance levels of indecision candles with strong divergence.