EURNZD Sell Opportunity
Price has just broken to the downside breaking through the upwards trend-line support. After the steep fall, price has now pulled-back to the .38 fib level. Price is having a hard time going any higher as there is a major psychological level of 1.70. We can see therr are large wicks to the upside, showing large selling pressure. We should see price fall lower towards support to the -0.27 fib extension. Great trade ratio of 3.5:1
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