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ELITEMT5
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EURUSD 50% | 1 EURNZD 50% | 1
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EURNZD S and R 1H
EURNZD
, 60Short
EURNZD: EURNZD S and R 1H

EURNZD is near the resistance at 1.79500. It is trading in the consolidation zone following sell off. There's a nice confluence zone to short at the resistance level, 78.6% fibo level. We expect a bearish move from the confluence zone.

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