hey traders,
though I have a bullish view on euro new zealand,
I anticipate seeing a pullback and only then the market will go further.
right now the market is approaching a significant level of resistance,
the price is coiling in a rising wedge pattern with rsi being overbought with divergence.
just wait and sell the breakout of the wedge with the initial target based on structure support 1.66.
good luck!
Comment:
wedge is broken
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