EUR.NZD - Potential H&S formation

30 may 2017

My brief Daily EUR.NZD chart analysis.

I will be updating this pair on multiple timeframes to give a clearer insight into what i'm watching.

30 may 2017

Nota

4hr Bullish RSI divergence

2 jun 2017

Nota

Price has shown it respected the key 1.5700 even handle.
Unfortunately price didn't give us a reversal candle to take this pair long, however i will now be watching price as it approaches 1.6000 to complete the H&S formation.

9 jun 2017

Nota

An update on what i am now looking for post neckline breach.