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EURNZD: Overbought Market & Correctional Movement 🇪🇺🇳🇿
Euro / New Zealand Dollar
Short
EURNZD: Overbought Market & Correctional Movement 🇪🇺🇳🇿
By VasilyTrader
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Oct 11
4
1
1
Oct 11
EURNZD looks overbought after a test of a key daily resistance.
The price violated a support line of a rising parallel channel
and a neckline of a head & shoulders pattern on a 4h time frame.
With a high probability, the market will keep falling at least to 1.788
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Forex
forextrader
freeforexsignals
Head and Shoulders
Multiple Time Frame Analysis
Parallel Channel
priceaction
priceactionsignals
priceactiontrading
VasilyTrader
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