Euro / Dollar New Zealand

EURNZD potential inverse H&S in the making

EURNZD made a big rally past months and past week it made a good drop as well but there is a good chance it's just a correction of the rally. Past week it made a nice bounce up, giving potential for more upwards movement. So if we see the right shoulder take form, it could be a nice play.

Previous analysis:

EURNZD inverse H&S, correction only or continuation of uptrend

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