EURNZD BULLISH BAT AND WEEKLY RESISTANCE

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EURNZD Has formed a bullish bat. The price is on the low support bearish channel and on a weekly support as well. The RSI is oversold and the strength of NZD is high, could go down and EUR strength is a bit low and could go up. The price can reach 50% fibonacci of main trend easily, even broke the bearish channel to start a up trend in a daily timeframe