AariTech

Awaiting breakout @ Strong support

OANDA:EURNZD   Euro / Dolar New Zealand
You can see in chart EURNZD is currently supported by strong support and also ascending trendline where as we have seen that price has not been able to move higher..

Because of this small range price action we can see potential triangle pattern and price is coming near to its end from where we can expect breakout of price above or below structure ... Look for sell or buy as per breakout direction following your own trading strategy
Penafian

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