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Euro / New Zealand Dollar
Short
Updated

EURNZD Weekly Analysis

70
Will we see a change in direction for EURNZD? The swings are showing a loss in upward momentum at the 1.700 psychological level, the correction hit the 50% and the candles are getting small... so let's check the lower timeframes. Also, this is not a H&S pattern, because the neckline is not flat. Those red lines are only destined the emphasize the downward momentum switch.
Note
Full EURNZD analysis:
EURNZD 30m Analysis

EURNZD 1h Analysis

EURNZD 4h Analysis

EURNZD Daily Analysis

EURNZD Weekly Analysis
ovidiu_andi
FibonacciTrend AnalysisTrend Lines

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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.
FibonacciTrend AnalysisTrend Lines
ovidiu_andi

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.