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Elliott Wave Analysis: EUR/NZD With 1.7300 In Sight!

EURNZD dropped exactly into projected 38,2% Fibo. retracement and 1.7150 level, which is ideal support for wave »iv«, especially because it’s still trading above strong trend line connected from the beginning of June. So, be aware of another jump, probably the final one for wave »v« towards 1.7300 area and this is where bullish trend may come to an end.

EURNZD, 1h

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