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Trade idea - EURNZD Long term BUY

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FX:EURNZD   歐元 / 紐元
Based on the monthly and daily charts, EURNZD has produced a trade opportunity above 1.69 handle.The price currently is at 1.6942.
We expect the price to touch 20 SMA which is around 1.73 handle after taking support from fib retracement on the 5 year price swing.

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