Not legal and financial advice; any information provided here is only the personal opinion of the author.
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If to throw away complicated analysis:
- while we stay under 1.17616 it is bearish and we can not rule out a new step lower.
- while we stay under 1.17616 it is bearish and we can not rule out a new step lower.
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As you can see this is not just fiber story, eur is under pressure within crosses also and still a way to go in EURNZD.
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