Mihai_Iacob

EurNzd- new leg up in the next few days?

Long
FX:EURNZD   Euro / New Zealand Dollar
After reaching 1.75 support zone, EurNzd corrected 300 pips to 1.78 where it found strong resistance.
The pair is trading in range now and the price at the time of writing is near the support zone that lies at around 1.7650.
I favour long positions as long as this support holds with a target to mentioned resistance.

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