EURNZD: Important Breakout

By VasilyTrader
snapshot

A lot of breakouts this week.
We have one more on EURNZD.

The price broke and closed above 1.686 - 1.697 horizontal supply area.
The broken structure turned into a demand zone.
Retesting the broken structure, the market was nicely rejected confirming the strength of that.

The next goal for buyers is 1.7285 - 1.7357 resistance.

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Candlestick AnalysisElliott WaveEUREURNZDeuroForexnewzealanddollarNZDSupply and DemandTechnical Analysistrading
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