Hello, im new at trading but this my idea, eurnzd have been into historical downtrend and with that big spike between years 08 - 10, it seems to me like it formed a big descending wedge that is recently broken last month and very close to the high of the downtrend channel and yet, for the past 3 years it formed a rising wedge that confirms me to short this pair at least to 1.69300 according to my fib estimate where it is going to retest the descending wedge and we may see broken the recent ascending wedge that needs to be retest too.