There is a possibility of a big movement on EUR/NZD after a breach of the resistance

EUR/NZD breakout through resistance
EUR/NZD has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level to be around 1.7587 within the next 21 hours.

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