EURNZD approaching support, potential for big bounce!
Price is approaching our first support (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur to our first resistance (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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