The price retested the support on 0.71800 and failed to break through it. we should monitor price at this level for the break of this level which would be considered a confirmation for entry to short NZD/USD. Only take entry on the retest of the support which will turn resistance in the event of a breakout.
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If you have a different opinion please leave a comment below. Thanks and have an amazing trading week.
I've linked previous analysis for further references, if you enjoyed this idea like and share.
If you have a different opinion please leave a comment below. Thanks and have an amazing trading week.
Trade ativo