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EUR/NZD Signal - EUR Consumer Price Index - 29 Oct 2021

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Signal Details
Entry Price: 
1.6250
Take Profit: 
1.6107
Stop Loss: 
1.6310
Direction: 
Sell
How we trade
Average: 5 (2 votes)

EURNZD is selling now prior to the EUR Consumer Price Index data, which measures the change in a representative basket of goods and services, and is used to measure inflation. Technically the pair is ranging after a bearish leg, and we are selling range resistance.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.