was formed on 23.06 at 20:00:28 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
According to the chart of M30, EURNZD formed the Head and Shoulders pattern. The Head’s top is set at 1.9482 while the median line of the Neck is found at 1.9370/1.9382. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURNZD will go towards 1.9352.
Figure
Instrument
Timeframe
Trend
Signal Strength
