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Jul 7, 2018 1:30 PM
EUR/NZD Technical analysis
Short
FX:EURNZD
1D
Euro Fx/New Zealand Dollar
FXCM
Description
⋅
Jul 7, 2018 1:30 PM
The Day candle chart of EUR/NZD formed the classic Megaphone pattern.
It resisted and reacted well in the trend line resistance.
The pair will be expected to be bearish and would reach the expected target considering longer term.
Trend Analysis
Harmonic Patterns
megaphonepattern
resistence
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