EURNZD about to complete V-like Pattern on its move towards Top Line of Downtrend Channel

Saturday, 2018-12-08

A higher resolution of the V-like Pattern and further details are discussed together with a second chart further down. Furthermore you find a third chart further down, too, which shows where the Support- and Resistance-Level around 1.6344 originates.

Ongoing Breakout of Flag-like Formation about to complete V-Pattern and reach for Top Line of Downtrend Channel

The daily chart shows that 1.6344 has been an important Support- and Resistance-Level already since 2006