looks like that juicy gap just doesn't want to be closed after all. The eurusd dynamics are scuppering that particular forex "rule".
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DislikedTechnically speaking, this pair appeared to be headed for a wave 3 in October, then we see two doji like candles on the monthly and continued sideways movement. Many fundamental reports suggest the New Zealand will fall against the US Dollar based on interest rates, among other issues. I am watching this pair closely as well as the AUD/USD and the AUD/NZD and EUR/NZD. Any thoughts?Ignored