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EUR/NZD

EUR/NZD

Thomas Long, Course Instructor

Although it is still early, it appears that the AUD and the NZD are gaining strength. This may change as the week plays out, but for now I see the EUR/NZD being in a good position to maintain the downtrend if this momentum continues. I would look for selling opportunities as long as the pair remains below the 1.88651 high as shown on the chart.

eurnzd 706

 

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