Time to long EURNZD?

The daily candle pattern shows that the bearish momentum has been fading down over the last three days. At this point, its plausible that EURNZD could pullback or reverse to the 0.7100 mark. If price pushes down at this price, it will give us an opportunity to buy at the next level down. Analysis is based on parallel lines.
Technical IndicatorsTrend Analysis

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