TradeHuntFx

NZDUSD - Broken out of structure, new lower low is expected

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Break of 0.7000 is crucial if we are going to be expecting a new lower low to be formed. Price has just come off a nice retest of CTL, area of resistance and 61.8 fib level. This gives us a good solid level to hold shorts from. POA is to sell into the rallies and/or sell on a break of the retracement

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