Euro / New Zealand DollarUpdated again very long term view on EN
at some point this has to leave the wedge
uncanning distance kiwi has covered against the euro since the financial crisis
anyway,.. compressed daily chart so this could take a while.... ;-)
uncanning distance kiwi has covered against the euro since the financial crisis
anyway,.. compressed daily chart so this could take a while.... ;-)
Note
after Trumps remark towards the "Zermans" weak currency advantage, i guess he turned the tide singlehandedly and bigly :-)this wedge has been forming for so long and is so precise on the bottom tl that upon a break to the upside 1.6 almost seems a minimum
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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.