On the daily chart EURNZD we begin to see reaction of bulls on resistance level determined by the previous lows. Strong increases occurred at this level already twice even though the price as now reached support in a very dynamic way. For a signal from the D1 we must wait until the day closing.


On H4 we can see almost continuous wave downward without any correction. Place for a rebound, even if only corrective is now almost perfect. If it is just an adjustment it seems that you can count on growth to clear resistance at 1.5330.

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