LONG EURNZD
As can be seen in the EURNZD chart, the price has corrected from the previous move to the level of 38.2% Fibonacci .After this correction we have a rising to drawn trend line and,price couldn't reached this trend line although price has been try to cross that twice in the past but it was not success . We expect a significant movement if the resistance drawn at 1.6666 is broken. Therefore, we recommend LONG with the resistance broken and with stop loss below the same resistance area.
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