We are monitoring EURNZD very, very closely, as we don't want to miss the upside impulsive movement that we've all been waiting for a long time. We have closed our previous long positions, as we didn't know how long this -nth correction would last, but now it seems to be a normal abc correction in a flat, so we'll monitor how the pair behaves at the lower trend line of the flat. Watch out, it could rise abruptly. Let's see.
Updates on lower time frames will follow.
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Updates on lower time frames will follow.
Trade with care and only with a backtested strategy that works for your trading style.
Please don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Thank you for viewing.
Note
So instead of a 3 wave correction, it ended up to be a 5 wave correction. Get ready for a buy. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.