Bearish Trend into a bearish pennant. Expecting retest and continuation of trend at fib level 23.6 (confluence of resistance + previous monthly high)
The Pair is in an uptrend (created HH and HL) and formed and broke through a falling wedge pattern. Expecting to go long should price retrace back/close to 38.2 Fib level and retest the upper boundary of the wedge.
Pair is in a downtrend as it broke previous higher low, triangle formed. Expecting a short, should trend line be broken.
EURNZD completed head and shoulders pattern, expected to go LONG if resistance holds. Also retracement is at 38.2 fib level.
NZDCAD(SHORT) expected to go short to 38.2 fib level.
