NZDusd as been in a clear uptrend since the past week but looking at price reaction and rejection towards the 0.616 level, I think buys sentiment is getting exhausted as H4 timeframe shows weakness with a bearish engulfing candle.
I expect price to move from where it is currently towards 0.606 level and maybe into 0.600 level. Looking at the Daily Timeframe, NZDUSD has been in a range, so it is much easier to predict price direction of where buyers and sellers would be . Every information to take this trade is quite explanatory in the chart .
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