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EUR NZD EXIT

 

The chart below shows that there were clearly visible bullish patterns calling for a breakout higher. EURNZD formed a bullish flag breakout pattern (purple) and broke above the top of flag signalling traders that a move higher was in the works. More upside confirmations were the bullish divergence patterns (green, light blue, orange) that formed which allowed to squeeze the BUY trigger.

EUR NZD 20200623 17.51

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