EURNZD: Broken trendline

Hi traders,

On the EURNZD daily timeframe we can see that price is trying to break our black trendline with quite some speed. More bearish momentum seems likely.
Targets at the 38.2% and 61.8% Fib retracement.
Cheers
11021992breakoutEURNZDFibonaccishortthenumberguyTrend AnalysisTrend Lines

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