There's an expected upward move on EURNZD, given that we have a Rectangle pattern that has formed on the resistance zone, which increases the probability of the bullish price continuation towards the next strong resistance zone. And also and Uptrend is probable to form, As it is seen on the forecast analysis.
Note
The analysis was a success. We got the rejection back to the downside later on
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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.