Resistance line breached by EUR/NZD. This price has been tested at least twice before.

EUR/NZD - resistance line breached
EUR/NZD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.7877 may materialize within the next 14 hours.

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