The New Zealand euro pair broke through the downtrend levels on the daily frame since last week, then made a re-selection and shot up.
The pair is currently trying to form the harmonic patterns shown by Nen star and also Gartley on the daily frame, where we expect the zones of 1.8400 to 1.8430 to be the best selling zones for the pair, especially if any price action reversal candles appear on the smaller frames.
From there, we expect a pullback of the pair towards the levels of 1.8380 and then 1.8100 as the final target.
This scenario fails if the 1.8460 levels break higher.
