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EURNZD decision time

Waiting: Currently we are @ 1.7674 in a range.  Two scenarios: Bullish:  a bounce here look to the 0.500 Fibo @ 1.7802 2: Bearish: A break down here look for the ATR target @ 1.7516.  The average daily true range (ATR) for the pair currently is 173 pips.

 

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