TaherJalili

Will Support Hold or Break?

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FX:EURNZD   歐元 / 紐元
As I write this, price is attempting to make a breakout lower and through the recent swing low support level.

Whilst in the longer term there is no trend, in the short term all the momentum has been lower.

If this level can break, then we can move to our smaller time frame charts like the 1 hour and below and look for quick pullbacks into the old support and new breakout resistance.

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