TheWaveTrader

EUR/NZD NEAR BREAKOUT!!!

FX:EURNZD   Euro / New Zealand Dollar
137 0 2
The pair has been stuck in a range for quite sometime and price is contracting forming what appears to be a triangle, if so we would get an explosive move when the breakout does occur, possibly to the upside but it can break to the down too as is case with patterns like this, either way if we don't continue another complex correction which appears unlikely and do break it would be a great opportunity to ride it.
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