EURNZD Long ways up to go
Ive posted several times about this giant formation on the EURNZD daily chart. Its nice to see its well broken out of this pattern that has been forming since late 2015. I imagine the EURNZD has a way to go up. I dont think it will get there tomorrow, but in due time I truly believe this target will be met. We may see a proper retest on the pair to which I will add to my long position. Also take note of the divergence, again I mention this every time I mention divergence. It is not a signal it is only something that reinforces your set ups. For now Ill take my longs around break out time and sit on them. Hopefully not for as long as the pattern took to develop :)
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