ForexTrendline

Down trend in EURNZD

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FX_IDC:EURNZD   Euro / Dólar Neo-zelandês
At EURNZD we are in a clear downward trend. The last part starts on November 13.
We are currently in consolidation and expect a resumption of the down movement.

A break below 1.6962 will confirm the continuing.
The first target we expect is 1.6828!

A break of the channel resistance and a higher peak will be the reversing signals.

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