Price of NZDUSD have made a structure that has a high probability to be a triangle just after a leading diagonal. If this view is favored then we should expect price to regain its bullish momentum to make wave C. To take advantage of this possibility a trade should find areas of support to go long. One of the places is as marked on the chart on lower trendline of the triangle.
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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.