EURNZD Time for bullish reversal

Long

Euro / Dollaro neozelandese (OANDA:EURNZD)

Aggiornato

OANDA:EURNZD Euro / Dollaro neozelandese

chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

hello traders:

EURNZD has been dropping very hard since October last year. We see bearish price action to continue pushing the price down.

However, in the latest price action, we see a descending channel has been form, correcting the price to a HTF double bottoms.

This could be the first sign of the bearish momentum may be exhausted, and bullish price action is imminent.

LTF has a sharp , reversal impulse up, waiting for continuation would be nice to get in one this bullish reversal.

Thank you

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Idee correlate

about NZDUSD 37

about EURNZD 19

about EURAUD 16

about EURCAD 39

about NZDCHF 47

about NZDJPY 20

about NZDCAD 33

about EURUSD 25

about NZDUSD 17

about CADJPY 32

about AUDJPY 25

about USDCAD 15

about USDMXN 8

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