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Men_of_The_Markets
Aug 10, 2021 6:36 AM

EURNZD OUT OF FALLING WEDGE Long

Euro Fx/New Zealand DollarFXCM

Description

We have seen EURNZD break out of its falling wedge with clear bullish pressure.
Now, we expect some pullback before a continuations upwards.
This pair now tops the watchlist so that we'll see the move when it happens.
We'll watch how price reacts to the previously broken level before looking for buy setups
Comments
Men_of_The_Markets
Yep. That was why we said we’d wait to see how price reacts at the level.

We’ll still watch price development and wait.
TyroneJohnsonReddy
Do you think It was a fakeout ? price not restesting and moving to upside as expected
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