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At the 4-hour chart, EUR/NZD seems to be ready to test 1.6770 as the target today. However, there is a possibility today that 1.6956 will be re-tested first before the price drops to 1.6770 as long as the pair does not break out and closes above 1.7119. The Main Threshold Fair Value Gap at 1.6770 is still expected to be the target to reach today.
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The material has been provided by InstaForex Company - www.instaforex.com