The common European currency has reached a dominant support line against the New Zealand Dollar. The encounter has resulted in a rebound.
The rebound, in accordance with the most dominant pattern should result in a surge of more than a couple of months. The reason for that is the fact that this rebound marks the end of a long term descent, which was expected and described in previous reviews of the currency exchange rate.
Regarding the short them traders should watch, as the pair should soon review a new medium term pattern, which is likely going to be an ascending one.
