THIS PAIR HAS BEEN BEARISH FOR QUITE SOME TIME. OPENING AT WM3 RESISTANCE AT ROLE REVERSAL COULD OFFER A POSSIBLE SHORT.

EURNZD H4

MARKET IS BEARISH, 55 ABOVE THE 21. PRICE OPENED AT WM3 RESISTANCE WHICH IS ROLE REVERSAL AND COINCIDES WITH MM2. STOCHASTICS IS OVERBOUGHT. BEARS COULD POSSIBLY SHORT THIS PAIR AND TAKE PRICE ALL THE WAY TO WM1.

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