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EURNZD currency pair recently reversed up with the daily Morning Star from the support level 1.67000, which has been repeatedly reversing the pair from April. The upward reversal form the support level 1.67000 started the active impulse wave 3. Given the strongly bearish NZD sentiment seen today – EURNZD currency pair can be expected to rise further toward the next resistance level 1.70000 (top of the previous short-term impulse wave 1, which reversed the price multiple times form January).
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