Possible breach of support level by EUR/NZD

Possible breach of support level by EUR/NZD
EUR/NZD is moving towards a support 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 1.6972 within the next 2 days.

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