New Zealand Dollar / U.S. Dollar
Short
Updated

DeGRAM | NZDUSD correction from the supply zone

290
NZDUSD is moving in an ascending channel between the trend lines.

The chart has reached the lower boundary and is now under the supply zone.

The price reacted lower on reaching the resistance level coinciding with the 38.2% retracement level.

We expect a correction.

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Trade closed: target reached

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