Forex analytics and overview

EUR/NZD: Head And Shoulders Pattern In Play

2022.09.29 10:27

[ad_1]

Scott Barkley

Bearish: currently at 1.7065, and finally, the head and shoulder reversal pattern is in place. We have divergence for the down move.

appears to be flipping finally, so if we can break the Slope support here, we are looking for a move to the ATR level at 1.6837.

Watch the USDX for any change in direction. The ATR for the pair currently is 168 pips per day, and its 180-day average is 170 pips per day. USDX is currently attempting up.

EUR/NZD price chart.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 82,069.99 0.54%
ethereum
Ethereum (ETH) $ 1,883.26 1.35%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.32 7.33%
bnb
BNB (BNB) $ 583.61 4.35%
solana
Solana (SOL) $ 125.28 0.51%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.719362 0.55%
dogecoin
Dogecoin (DOGE) $ 0.16849 2.39%
tron
TRON (TRX) $ 0.22622 2.50%
staked-ether
Lido Staked Ether (STETH) $ 1,882.82 1.35%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 82,872.20 0.10%
pi-network
Pi Network (PI) $ 1.63 0.14%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,847.93 0.26%
leo-token
LEO Token (LEO) $ 9.73 0.59%
stellar
Stellar (XLM) $ 0.287914 14.34%
chainlink
Chainlink (LINK) $ 13.15 0.99%
usds
USDS (USDS) $ 1.00 0.02%
hedera-hashgraph
Hedera (HBAR) $ 0.193966 1.76%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,252.26 1.48%
avalanche-2
Avalanche (AVAX) $ 18.58 3.34%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 0.78%
sui
Sui (SUI) $ 2.24 1.42%
the-open-network
Toncoin (TON) $ 2.77 4.30%
litecoin
Litecoin (LTC) $ 89.17 0.33%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.53 1.42%
mantra-dao
MANTRA (OM) $ 6.45 1.17%
polkadot
Polkadot (DOT) $ 4.00 2.34%
ethena-usde
Ethena USDe (USDE) $ 0.999624 0.03%
weth
WETH (WETH) $ 1,882.42 1.29%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999405 0.08%
bitget-token
Bitget Token (BGB) $ 4.19 1.16%
whitebit
WhiteBIT Coin (WBT) $ 28.51 0.90%
hyperliquid
Hyperliquid (HYPE) $ 12.24 6.21%
monero
Monero (XMR) $ 207.88 0.80%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,999.12 1.28%
uniswap
Uniswap (UNI) $ 5.95 1.70%
susds
sUSDS (SUSDS) $ 1.04 0.06%
dai
Dai (DAI) $ 1.00 0.05%
near
NEAR Protocol (NEAR) $ 2.58 6.35%
aptos
Aptos (APT) $ 5.08 0.09%
pepe
Pepe (PEPE) $ 0.000007 6.93%
ethereum-classic
Ethereum Classic (ETC) $ 17.86 3.02%
ondo-finance
Ondo (ONDO) $ 0.848551 1.26%
internet-computer
Internet Computer (ICP) $ 5.50 3.08%
aave
Aave (AAVE) $ 171.72 3.06%
okb
OKB (OKB) $ 42.22 2.73%
gatechain-token
Gate (GT) $ 20.45 2.71%
mantle
Mantle (MNT) $ 0.737058 0.23%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,041.98 0.52%