EURNZD Weekly Chart Shows Good Selling Continuation
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We noticed a Bearish Pin Bar formed after a breakout of the ascending channel which we know as the corrective structure and we are resuming the Impulsive move. The weekly pin bar is a good sign that market is gonna move to the downside.
We would analyze the lower timeframe for more confluence and more confirmation
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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.