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EURNZD - Descending Wedge Bullish Breakout Confirmed

Long
Euro / New Zealand Dollar (FX:EURNZD)  
SmithTradeSmart  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURNZD eurnzdshort eurnzdsell eurnzdlong eurnzdforecast eurnzdanalysis eurnzdbuy eurnzdbullish
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trendanalysis harmonicpatterns chartpattern eurnzd eurnzdshort eurnzdsell eurnzdlong eurnzdforecast eurnzdanalysis eurnzdbuy eurnzdbullish
📢EURNZD 2H - Technical Breakdown

📈Price action has recently broken out to the upside from the visible descending wedge pattern with building momentum. The 50 MA at 1.80120 has been surpassed indicating strength building to the upside which could result in a new up-trend playing out over the remainder of this week.

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