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EUR/NZD 08/04/19 | EconAlerts

Technical Analysis – EUR/NZD extends bullish actions

EUR/NZD extends bullish actions despite overstretched stochastic. EUR/NZD reached overbought levels according to the stochastic oscillator as the price hovers above the 23.6% Fibonacci retracement level of the downward movement from 1.7925 to 1.6885, around 1.6675, recording a fresh one-month high, today. While the aforementioned technical indicator continues to stand above 80,

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