EURNZD Chart Technical Outlook rallies to be sold dips to be bought
The cross is held within an expanding wedge pattern. This has an eventual bias to break to the downside. I’m expecting continued volatility while we hold within this formation.
The trend of lower highs is located at 1.8218. I would look to this level to attract selling interest. Trendline support is located at 1.7609. I would look to this level to attract buying interest with the completion of a BAT formation.