piphunters

EURNZD: Don't miss the breakout!

FX:EURNZD   Euro Fx/New Zealand Dollar
581 1 26
The pair has been stuck in a range for quite sometime and price is contracting forming what appears to be a triangle, if so we would get an explosive move when the breakout does occur, possibly to the upside but it can break to the down too as is case with patterns like this, either way if we don't continue another complex correction which appears unlikely and do break it would be a great opportunity to ride it.

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is it looking like a downside breakout or do u think a possible retrest of trendline
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