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The EURNZD has been in a solid downtrend in the recent weeks. The best play for Price Action traders is to look to short with this trend in their favour.
There is an old support area around 1.5670 that if price can retrace back higher to, we would look to hold as new resistance. This may also be a good area for traders to short with Price Action confirming the trade.
EURNZD DAILY CHART
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