11021992

EURNZD: Broken trendline

Long
FX:EURNZD   Euro / New Zealand Dollar
Hi traders,

On the EURNZD daily timeframe we can see that price is trying to break our black trendline with quite some speed. More bearish momentum seems likely.
Targets at the 38.2% and 61.8% Fib retracement.
Cheers
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