Jeff_Wheelwright

Be prepared for NZD retracement

Long
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
7
NZD is dropping fast, but is approaching the zone which served several times as a support. Moreover, this zone includes three important levels: last flag target (or AB=CD target if you prefer), 0.786 Fibo level of retracement of Trump unwind rally and last but not least - big round number 0.7000. Switch to lower timeframe and wait for any sign of price reversal.
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