I expect further correction to the downside. The NZD has been getting stronger in recent hours. Is it going to have strength enough for another corrective wave against the euro? I think so. Price is being rejected above 1.5279. So a short trade with a target above prior lows seems to be a low-risk idea, unless the EUR gets abother boost of power...
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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.