EURNZD is in uptrend and currently have completed sub-wave 1 of wave 5 of higher degree. The question is the pullback for sub-wave 2 complete or still retracing lower? Given the wave structures looks like we might have a retrace lower to complete a complex correction wxy before we resume the bullish momentum. If we are correct we should expect price to find support around 78.6 fib retracement.
Lets monitor it for a possible long(This is not financial advise, always plan your trades and execute them at your own risk)
Lets monitor it for a possible long(This is not financial advise, always plan your trades and execute them at your own risk)
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