EURNZD: Classic Range Trading 🇪🇺🇳🇿

By VasilyTrader
https://www.tradingview.com/x/IZsnlIOz/

EURNZD is trading within a wide intraday horizontal range.

After the test of the upper boundary of the range, the price formed
a cup & handle pattern formation.

A breakout of its neckline is a strong bearish signal.

We can anticipate a retracement to 1.7513 level now.

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