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It’s time to make a decision on EUR/NZD – its recent breach of 2.0099 could be a sign of a new trend to follow.

EUR/NZD - psychological price line breached
EUR/NZD has broken through a support line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 1.9951 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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