EURNZD–Slope support break?

Bearish: Currently we are @107246 in a range. We just broke the Slope support here and we are looking for a continuation to the 0.382 Fibo @ 1.7130 area. Watch for a bounce here and then a possible continuation to the 0.500 Fibo @ 1.7070. The average daily true range (ATR) for the pair currently is 115 pips.

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