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hello traders:
EURNZD has been dropping very hard since October last year. We see bearish price action to continue pushing the price down.
However, in the latest price action, we see a descending channel has been form, correcting the price to a HTF double bottoms.
This could be the first sign of the bearish momentum may be exhausted, and bullish price action is imminent.
LTF has a sharp , reversal impulse up, waiting for continuation would be nice to get in one this bullish reversal.
Thank you
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