EURNZD experienced a breakout from its bullish trend. The pair has been quite slow lately maybe its because of the many corrections, A strong impulse move to come since we have broke out of our trend line and it retested multiple times and formed a flag to confirm the downtrend momentum that await EURNZD. After the push below our bullish zone says Smart Money Concept at 1.78580 we expect a fall to the support at 1.76576.
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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.