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EUR-NZD Bear Flag+ Strong Resistance! Sell!

Short
Euro / Dollar Néo-Zélandais (FX:EURNZD)  
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FX:EURNZD   Euro / Dollar Néo-Zélandais
Trend Analysis Chart Patterns Wave Analysis EURNZD euro newzealanddollar SELL short FLAG breakout Wedge Technical Analysis
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trendanalysis chartpattern waveanalysis eurnzd euro newzealanddollar sell short flag breakout wedgepattern technicalanalysis
snapshot
Hello, Traders!
EUR-NZD is trading in a falling wedge
And it has bounced off a key daily support level
After this pullback, the pair is trading below a resistance confluence
And has formed a bear flag pattern
Which suggest bearish continuation
Thus, I expect the pair to retest the key support level
With 3 targets in sight
Sell after breakout!
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Commentaire:
All Targets reached!
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