NZD-USD Will Fall From Resistance! Sell!

25 ביוני 2021

Hello,Traders!
NZD-USD has recovered from the "flash crash"
And has now finally reached a proper resistance level
We can see that the price touched the lows of the level
And a bearish reaction followed immediately
On the lower timeframes, the pair is trading in a bearish rising wedge
Which implies that the price might move a bit higher still
But once the pair breaks out of that wedge
We will see a bearish move down
Towards the local support level
Buy!
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