A more detailed forecast to EURNZD, Price could either breakthrough the resistance,
retrace and proceed higher or fail to break and go down.
However, since price is at the bottom of a weekly support trendline, chances of a bullish move is higher.
Would first wait for the breakout and see if the price still continues upwards or not.
retrace and proceed higher or fail to break and go down.
However, since price is at the bottom of a weekly support trendline, chances of a bullish move is higher.
Would first wait for the breakout and see if the price still continues upwards or not.
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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.