EURNZD: The Strong Support Zone

The price is at the support zone formed by the main uptrend line and 1.68000 support level. The price action in this zone will be very important for us as it will be able to provide trade opportunities in both directions.

We can see how this zone stopped the downward movement. Will it be this time as well? We will see. But what is clear now it will be possible to buy if the price bounces. It will be possible to sell if the price breaks this support.

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