Euro / New Zealand Dollar
Short
Updated

EURNZD: Bearish Flag Keeps 1.9620 in Focus

223
EURNZD is forming a bearish flag after a strong selloff, suggesting the current bounce may only be a short-term pause.

If sellers step back in and price breaks lower, I would look for continuation toward 1.9620 as the next downside target.
Trade closed: target reached

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