EurNzd has been in down trend form 27-8-2013 high 1.7239 and all of 2014 now coming into July we should soon see a big bullish move as the big institutes have now been pushing down for a long time and July is usually a good month for change in direction. We have seen last week and the week before price reacting to 1.5562 Monthly S2 1.5549 78.6 FRT on weekly and 127.2 FEX of v iv a iii to b iv at 1.5515 and pushed under these price levels I am now looking for a conclusion to this large and long correction down side should now be very limited with 161.8 FEX of v iv a iii to b iv coming in at 1.5328 and on weekly 88.6 FRT at the same price level…
Good luck to all who are anticipating this bullish move.
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