EUR/NZD has been in a downtrend since last October, respecting the Green Trend line.
I expect the price to continue to respect the trend line and sell until it reaches the key support level or until its previous lows.
This expected movement of the price is shown by the Orange path drawn.
I expect the price to continue to respect the trend line and sell until it reaches the key support level or until its previous lows.
This expected movement of the price is shown by the Orange path drawn.
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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.