EURNZD - Over Extended Buying Wave, the Trend Momentum has turned to Bullish
Over Extended Buying Wave in Bullish Momentum, with a Progressive Increase in Volume.
The spike up will get stopped soon. The hesitation to advance will normalize the overbought condition, decreasing the volatility.
Later, it will tend to show Bullish Trend Pivots.
Details on the chart.
Thank you Girolamo Aloe
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