Imminent break out EURNZD

The squeeze in price to the downside is clear and I expect price to breakout within the next few hours.
Initial target to the nearest swing low but depending on price action this could be adjusted much lower.

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Trade ist aktiv:

This turned out to be an awesome trade. I have closed half of my position (as planned at the recent swing low) while the rest continues risk free. The positive swap does not hurt either.