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Sunday, February 28, 2021

EUR/NZD Approaching Resistance

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EUR/NZD is recovering into a wave c with possible resistance at the 1.775/1.783 level.

Once a five-wave minor move in c develops, and we see an impulsive drop beneath the channel line, and the 1.759 level that is when bears can be in charge.

EUR/NZD, 1 Hour

EUR/NZD, 1 Hour

EUR/NZD Approaching Resistance

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