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  • Vasily Trader

EURNZD: Important Breakout & Bearish Outlook



Hey traders,


Have you seen this bearish breakout of a key weekly structure on EURNZD .

It opens a potential for a strong bearish continuation.


For entries, consider a wide daily area:

1.633 - 1.663 is the zone from where I will look for shorting opportunities.

I will wait for an occasional retest of that and then will look for a confirmation to sell.


Next support is 1.59


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