EURNZD - Week 24
As the price moving in a down channel, it is expected to make a youch on the support area. Long confirmation is touch, a slight upmove and a retrace back to support. If the price breaks down the support, we will be looking for a retracement back on the former support which will be then the resistance, we will be entering shorts till next support down..
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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.