Technical analysis of EURNZD
EUR/GBP: confirmed 'V-Top' pattern
Information is not investment advice
There's a 'V-Top' pattern, which has been confirmed. So, it's likely that the pair is going to test the nearest support at 0.8598 and the Moving Averages. If a pullback from these levels happens little later on, bulls will probably try to test another resistance at 0.8675 - 0.8699, which could be a departure point for a larger downward correction.