BOAFX

Weekly analysis NZD/USD 19/08/21

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
As you can see from the recent uptrend point (B) failed to make a new high and since then we have had a lower low (C) and another lower high(D). I believe once we reach (E) we will see (C) turn into resistance giving us the opportunity to sell down to the next major level of support at 6500.

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