Hello everyone, A good opportunity has been detected on the EUR/NZD pair. After strong upward movement on the EUR/NZD, the price found resistance on a 50.0% Fibonacci retracement level and on a downward trendline, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 1.7685 price level, where we have a 38.2% Fibonacci retracement level, an inside support point, as well as the 50 Moving Average and the 20 Moving Average of the Bollinger Bands.
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