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EUR/NZD

EUR/NZD

Thomas Long, Course Instructor

I would continue to look for selling opportunities as long as the market stays below the 2.0428 area.

eurnzddaily

One way to identify a trading opportunity is to simply sell on a move down through a support low on the hourly chart. You could then place your protective stop above the resistance high and set your profit target at twice that risk. But the key is the strong trending move on the daily chart.
 

eurnzdhourly

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