NZSUSD: a turning point in a trend
The price is backed by a strong June 2020 support line. In November, there was a breakdown of this line, but before and after this breakout, the touch of the line reversed the price direction. The last time the price touched the line at the beginning of February around 0.714. And now it is in the process of growing (working with corrections). It is likely that the price will touch the resistance 0.733 (the smaller line formed in December) before starting to fall. SL - 0.717.
Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
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