EUR/NZD has made a perfect channel over the last few days and we are currently at the channel’s bottom.
There’s an XABCD pattern, and with a positive news of a Brexit deal, I'd expect the EUR to gain in value in the coming weeks.
Combined with the channel setup you see on the screen, I’m expecting reversal of the S/R zone. Targeting the channels top at 1.40, we got a recipe for profit.
EURNZD
There’s an XABCD pattern, and with a positive news of a Brexit deal, I'd expect the EUR to gain in value in the coming weeks.
Combined with the channel setup you see on the screen, I’m expecting reversal of the S/R zone. Targeting the channels top at 1.40, we got a recipe for profit.
EURNZD