Hey Traders! Here's an updated wave count on EURNZD. New lows last week confirmed continued sideways movement before a continued bullish impulse. I'm looking for long opportunities in the support zone, assuming we'll have a corresponding wave count that completes an XYZ correction. Only bearish if the first invalidation level is violated, as this could indicate a triple combination or a larger degree triangle. More updates to come.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.