EUR NZD backed up on 1.7000 and looks ripe for markup phase
Within the context of a much larger accumulation patter dating back to 2012 (6 years) EURNZD, I believe had good odds for a mark up (up-trend) over the next 3-6 months. as mentioned previously the 1.7000, I believe is key. This week we have seen the marked test and rebound. Until we get a closing high, then a test and then a new closing high > 1.7200 I'll remain on guard.