Technical analysis of EURNZD
USD/CHF: 'V-Top' points to correction
Information is not investment advice
The last 'Head & Shoulders' pattern led to the current upward price movement. However, there's a 'V-Top' pattern, which has been confirmed, so the pair is likely going to test the nearest important support at 1.0059 - 1.0044. In case of a pullback from this area, there'll be an opportunity to have another advance towards the high of the last 'V-Top'.