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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