Possible breach of resistance level by EUR/NZD

Possible breach of resistance level by EUR/NZD
EUR/NZD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EUR/NZD continues in its current trajectory, we could see it reach 1.6933 within the next 11 hours.

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