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EURNZD: Time to Buy
Euro / New Zealand Dollar
Long
EURNZD: Time to Buy
By linofx1
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Oct 24
2
Oct 24
It is expected that EURNZD will continue to rise.
Following a correction to a significant horizontal support level, the price rebounded and broke through a resistance line in a bullish flag pattern.
The release of fundamental events yesterday further bolstered the pair. The price is likely to reach the 1.806 level in the near future.
Chart Patterns
Support and Resistance
linofx1
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