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djukic.nebojsa

EURNZD, Possible Head and Shoulders Bottom

Long
djukic.nebojsa  
CURRENCYCOM:EURNZD   None
Chart Patterns head_and_shoulder EUR NZD EURNZD
1
0
chartpattern head_and_shoulder eur nzd eurnzd
Ten weeks-long head and shoulders bottom was formed on the EURNZD chart. In this case, it would act as a continuation pattern. A daily close above the descending necklace would confirm the pattern. The possible price target for the head and shoulders bottom stands at 1.74.
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