As it seems now, the NZDUSD pair just broke a critical support which indicates the momentum changed to bearish, and the price most likely on his way to reach the demand below, For now, the best level to join this bearish momentum is the supply above us, if the price will return that supply, i'll sell there, my target will be the demand below which is a great Level of buy position for the long terms.
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The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.