EUR/NZD 1H Chart: Channel Up - Trade Pattern Ideas - Dukascopy Bank

Wed, 18 Dec 2013 07:44:03 GMT
Source: Dukascopy Bank SA
 
© Dukascopy Bank SA
EUR/NZD has been climbing since early December, forming the channel up pattern that now is 139-bar long. Recently, the pair has managed to surpass its short-term SMA thus becoming a subject to a noticeable buying pressure that aided the pair to rebound to a two-day high, close to which it is vacillating now. Meanwhile, technical indicators are sending neutral signals for short, medium and long terms.
© Dukascopy Bank SA

Back to feed
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.