EURNZD's biweekly downtrend signal target has been 'hit' (missed by peanuts), so it's likely going to rally back to the downtrend mode, up there at the 1.65654 mark. You can enter longs at market, or buy dips to support in the daily chart to profit from this phenomenon. Stops should be below 1.5237. Have fun.
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Ivan Labrie
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PBOC starting to sell some NZD in their basket of currencies? Just a theory...The chart demands immediate downside here. Always worth it to see what China is up to.
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Good progress from entry. Anticipating further upside for a long time.