Should we expect a bullish trend on EURNZD?

The breakout of EURNZD through the 1.7086 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EURNZD could test 1.7107 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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