EURNZD is in the overbought zone
Technical analysis of EURNZD
AUD/USD: confirmed 'Triple Bottom' pattern
Information is not investment advice
There's a 'Triple Bottom' pattern, which has been confirmed, so the price is rising. It's likely that the pair is going to reach the previously tested resistance at 0.7167. If a pullback from this level happens next and there's any bearish pattern, bears will probably try to test the Moving Averages once again.
Sergey Logachev
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