Is the EUR being supported now ?

<div><div>Good evening everyone,</div><div>I had a PM question from my followers, so I thought that I would share this with everyone.</div><div>When looking to trade a currency pair, I always would like to evaluate its correlated pairs to see if they are all showing/telling the same story. Let's jump straight into the analysis.</div><div>I was initially analysing the EURUSD Daily Chart</div><div>- Currently at support</div><div>- RSI not even at oversold yet – (potential more downside)</div><img src="http://static.wixstatic.com/media/74b143_432ce3bf007f4243be0251c9775622de~mv2.png" /><div>We have just completed a short trade on the EURNZD M15. Taking total of 30pips + 45pips in profits. If you missed the trade, <a href="https://www.tradingview.com/chart/EURNZD/6Z2iwUwJ-EURNZD-M15-Bearish-Shark/">CLICK HERE</a> to see the trade ideas. </div><div>Now evaluating the Daily Chart of EURNZD.</div><div>- A bullish Pennant forming – indication potential move higher</div><div>- A bearish Butterfly Pattern completing higher</div><div>(Both hinting that this could go higher)</div><img src="http://static.wixstatic.com/media/74b143_5b5400b1871548a79fff2f43c6b4ec85~mv2.png" /><div>Trade Plan : If EURNZD starts to break above the Pennant, go Long until the completion of the Butterfly Pattern. Let's monitor this in the coming week.</div><div>Announcement :</div><div>Come and explore your trading, come for our next seminar on the 13th Aug (7pm)</div><div>Please RSVP via this EventBrite Link below:</div><div>CLICK HERE to Register</div></div>