Long EURNZD in the longer term

업데이트됨
This pair has broken out of a several months long megaphone pattern, and is now proceeding upwards.

We can look for price to move towards the 1.845 area within the next several months or so. Likely not by the end of the year, but perhaps within 6 months.
NZD remains weak and we have yet to see if it will recover or fall further. It's my belief that the NZD will fall even further though, while the euro remains neutral to bearish.
I'm bearish on the Euro, but I don't think it is quite as bearish as the Kiwi.

Do your due diligence before trading.

–Osbetel
노트
Accidentally posted 4H chart. Here's the weekly chart:
스냅샷
Chart PatternsEURNZDLONGTrend Analysis

면책사항