EURNZD Time for bullish reversal

Largo

Euro/Dólar neozelandés (OANDA:EURNZD)

Actualizado

OANDA:EURNZD Euro/Dólar neozelandés

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hello traders:

EURNZD has been dropping very hard since October last year. We see bearish price action to continue pushing the price down.

However, in the latest price action, we see a descending channel has been form, correcting the price to a HTF double bottoms.

This could be the first sign of the bearish momentum may be exhausted, and bullish price action is imminent.

LTF has a sharp , reversal impulse up, waiting for continuation would be nice to get in one this bullish reversal.

Thank you

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