EURNZD - Bullish Reversal or failure of Support
EURNZD is in a Triangular pattern and is testing a support level that was previously accepted with 2 Tweezer Bottom candlesticks.
If this fails, price will likely test the next support level below.
Potential for a longer term long trade if the current support level holds, with a successful retest preceding aggressive buying in the short term.
If this fails, price will likely test the next support level below.
Potential for a longer term long trade if the current support level holds, with a successful retest preceding aggressive buying in the short term.
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