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FullTimeTrader

EURNZD-zigzag ends with ending diagonal

Short
Euro / New Zealand Dollar (FX:EURNZD)  
FullTimeTrader  
FX:EURNZD   Euro / New Zealand Dollar
10
7
This pair is finishing a ABC zigzag, a clear 5-3-5 structure.
Last impulse wave finished with an ending diagonal suggesting a swift decline.
We have also MACD showing bearish divergence.

Best regards.
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