EURNZD is testing its ascending support line. If it breaks out of its ascending line and its 1st support at 1.7029 (61.8% Fibonacci extension), then it could confirm a further move down to its 2nd support at 1.6943 (100% Fibonacci extension, 50% Fibonacci retracement).
Ichimoku cloud shows signs of downward pressure as well.
Ichimoku cloud shows signs of downward pressure as well.
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