TradingView
jimmy_highwire
Jan 31, 2017 7:52 AM

again very long term view on EN 

Euro Fx/New Zealand DollarFXCM

Description

at some point this has to leave the wedge
uncanning distance kiwi has covered against the euro since the financial crisis
anyway,.. compressed daily chart so this could take a while.... ;-)

Comment

after Trumps remark towards the "Zermans" weak currency advantage, i guess he turned the tide singlehandedly and bigly :-)
this wedge has been forming for so long and is so precise on the bottom tl that upon a break to the upside 1.6 almost seems a minimum
More