EUR/NZD on its way down after fake breakout
These are the types of patterns that send strong reversal signals for a currency pair.
Here we have the EUR/NZD pair with an exhausted up-move that made a fake breakout above the 1.7600 level.
Today, the price started falling down with large momentum combined with a strong triple bearish RSI divergence.
Today's candlestick is also an engulfing candlestick so far, signaling sellers are jumping into the market quite fast.
Here we have the EUR/NZD pair with an exhausted up-move that made a fake breakout above the 1.7600 level.
Today, the price started falling down with large momentum combined with a strong triple bearish RSI divergence.
Today's candlestick is also an engulfing candlestick so far, signaling sellers are jumping into the market quite fast.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.