FX:EURNZD   Euro / New Zealand Dollar
This breakout phase is necessary to cause an
emotional reaction within the masses, in order to illicit them into taking their positions if they
have not yet taken any. This phase will also cause the indicators based on price average to signal
entry opportunities based on this price average breakout. The direction of the breakout is likely
to be against the future intended move. So, if the breakout of consolidation occurs to the upside,
expect the price to reverse shortly after as the banks start to fill their sell positions. Their sell
positions are filled by buyers who were induced by the banks after the breakout of consolidation.


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