EURNZD | RISING WEDGE

EURNZD has been trading in rising wedge (bearish pattern). Currently price is approaching to the support of the wedge.

We are expecting a rise from here as multiple confluence point reside there. We have EMA100 and fib 38.2% level and trendline support.

However, break below from fib level will be all over for bulls and trend will be bearish.