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EURNZD: Key Level to Watch 🇪🇺 🇳🇿

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OANDA:EURNZD   歐元 / 紐元

EURNZD dropped to a key daily structure support.

To buy with confirmation watch a horizontal decision range on hourly time frame.
You need an hourly candle close above its resistance to confirm a breakout.

First target will be 1.6515 level.

In case of a bearish breakout of the key level
a further decline will be expected.

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