Looking at the chart, EURNZD has hit a historical high that was hit back in 2016 (the red line). EURNZD has also formed a channel which the price has reached the top, forming a nice candle. Along with those two factors, you can also see the bearish divergence in the RSI.
Trade carefully.
Trade carefully.
Note
Correction on TP 2: 1.682
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.