EURNZD Pattern Formation
Diupdate
This pair has been forming a bearish flag pattern for weeks, and it seems it is about to complete that pattern by retesting the resistance trend line.
A follow up using shorter time frames will follow so that we can position ourselves for the entry point.
A follow up using shorter time frames will follow so that we can position ourselves for the entry point.
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Upper trend line has been tested. Let us wait and see if the price will break out and retest so that we can have an entry position.
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