KarYong

NZDUSD - Decent opportunity to look for short

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We have a decent area of confluence between 0.6983 and 0.7032 based on a simple ABC structure and a harmonic butterfly pattern.

This give us the conviction to look for a short setup targeting 0.6724 area, with a stop around 0.7085.

Disclaimer: This is not a trade call. Make sure you have a proper trading plan and risk management strategy before engaging in any trade.

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