MlungisiThekisoKa-Maqina

is EURNZD in an Ascending Triangle at 1D TF?

FX_IDC:EURNZD   Euro / New Zealand Dollar
To be, based purely on Technical analysis , EURNZD seems to have formed an Ascending Triangle pattern on the 1D chart.
Where it will head to will be determined on which end it will breach the triangle. However as can be seen from the chart I have a bearish bias.

DISCLAIMER:
This information is provided as an opinion only and is in no way meant to be used for trading or any other purpose.
Comment: First target reached.
Comment: Second Target reached.
Comment: ascending trendline breached... short movement in play - looking at 1.6784
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