Possibility of big movement expected on EUR/NZD

Possibility of big movement expected on EUR/NZD
EUR/NZD has broken through a support line of a Descending Triangle and suggests a possible movement to 1.7187 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 20 hours.

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