EURNZD is in the overbought zone
Technical analysis of EURNZD
EUR/GBP: another 'V-Top' pattern
Information is not investment advice
There's another 'V-Top' pattern, but the market is consolidating. It's likely that the price is going to reach the previously tested support at 0.8483 soon. If any bullish pattern form on this level little later on, there'll be time for an upward correction in the direction of the nearest resistance at 0.8574 - 0.8594.
Sergey Logachev
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