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Short

EURNZD CONSOLIDATION STARTS

FX:EURNZD   Euro Fx/New Zealand Dollar
130 1 2
EURNZD             clearly rejected the upside target at 161.8% Fibs. It seems obvious that the resistance is established near 1.6630, while the support is around 1.6080. There is no clear direction at this point and it looks like EURNZD             should enter the into a consolidation period, potentially testing the support.
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doesn't want to go lower, so maybe higher?
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