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EURNZD: Bearish Outlook

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OANDA:EURNZD   歐元 / 紐元

EURNZD is trading in a strong bearish trend.

After a steady recovery from 1.63 level, the price is facing a strong horizontal daily/4h resistance cluster.
Bearish engulfing candle confirms the strength of the underlined level.

I expect a bearish move.

Goals:
1.6485
1.636

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