After testing the resistance line numerous times, EUR/NZD is once again approaching this line. Can we expect a bullish trend to follow?

Should we expect a breakout or a rebound on EUR/NZD?
EUR/NZD is heading towards the resistance line of a Triangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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