NZDUSD Trade Idea

24 בדצמ׳ 2020

NU is currently in a range bound condition with 0.7065 as the nearest support, 0.7115 as the nearest resistance zone. Will looking for long opportunities if the 0.7115 resistance is clearly breached with the daily high (0.7171) as primary target. However, if price failed the resistance, we could expect some short-term bearish momentum back to 0.7065 - 0.7015.

Trade safe.

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