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Aug 9, 2021 6:04 PM

FALLING WEDGE ON EURNZD? 

Euro Fx/New Zealand DollarFXCM

Description

As we see clearly, it's a falling wedge on EURNZD.
Price is slowly correcting and still moving sideways.
We expect a breakout of this wedge, or a continuous push to the downside.
Either ways, we need momentum to continue trading this pair.
As for now, we wait on the sidelines.
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