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ChartologyFX
Oct 26, 2020 9:11 AM

EURNZD Long Bias Long

Euro Fx/New Zealand DollarFXCM

Description

We could see some great upside in EURNZD as price approaches support of the ascending channel. This trade would present us with a R:R of 7.78, with SL below a key support level. If price breaks and closes below this on the 4hour chart, we could consider selling this pair and catching the breakout.
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