EURNZD is forming inverted head and shoulder pattern
Price is based on HVN at level 1.7507 which indicates that pair is in accumulation phase
MACD shows bullish momentum
RSI is above key level
we r waiting price to break downtrendline and neckline to open long position
It's expected to target first resistance level at 1.7975
then finally target supply zone at level 1.8265
Price is based on HVN at level 1.7507 which indicates that pair is in accumulation phase
MACD shows bullish momentum
RSI is above key level
we r waiting price to break downtrendline and neckline to open long position
It's expected to target first resistance level at 1.7975
then finally target supply zone at level 1.8265
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.