Pair EURNZD has a good chance to continue the bearish trend if it breaks the support zone 1.63500-1.64000. With the Fibonacci setup, we see that we are now at the 38.2% Fibonacci level. We could soon see a break below and a continuation of the bearish trend. Targets are 50.0% and 61.8% Fibonacci levels.
FibonacciSupport and ResistanceTrend Lines
Aleksin_Aleksandar

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