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Inverse Head and Shoulder
was formed on 29.09 at 11:30:59 (UTC+0)
signal strength 3 of 5

Inverse Head and Shoulder NZDCHF M30

According to the chart of M30, NZDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.4608 while the median line of the Neck is found at 0.4595/0.4602. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDCHF will go towards 0.4638

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