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    EURNZD Signal October 24

    The price has recorded lower bottoms after breaking its uptrend line and has reached the psychological level of 1.7100. If this important support is broken, we expect the price to continue its downward path to the levels of 1.7030 and 1.6969. The 1.7250 range is an important resistance for the price and we expect the price to bounce back from this range.

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