H&S Setup
A daily close below our neckline will expose below supports (1.66300, 1.63480 and 1.61400).
Alternatively, should EURNZD bulls close the day (00:00 AM Tomorrow) above the neckline near 1.6860/70, it would negate the bearish outlook.
My view is that it will close below neckline and we will check for a sell signal
Alternatively, should EURNZD bulls close the day (00:00 AM Tomorrow) above the neckline near 1.6860/70, it would negate the bearish outlook.
My view is that it will close below neckline and we will check for a sell signal
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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.