For the last two weeks, EURNZD remains weak and indecisive.
The pair is coiling within a horizontal trading range.
It looks like the market participants are waiting for some fundamentals.
To catch a bullish move wait for a bullish breakout of a range's resistance.
In case of a 4H candle close above that a bullish movement will be expected to 1.73 level.
In case of a bearish breakout though, the pair may drop lower.
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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.