joeyvalentino

Long Term Look at EURNZD

Short
FX:EURNZD   Euro / New Zealand Dollar
Already in profit in short term forecast of this pair that i just recently posted. as you can see there is divergence on the RSI which is a good indication and a shift in momentum in price and a reversal pattern. as you can see the reversal pattern here is clearly the head n shoulders pattern. the right shoulder was a perfect 61.8% retracement. the RSI is painting lower lows and lower highs. overall I'm looking to ride this out for the long term.

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