xosignals

The above support will stop the continued weakening of #NZDUSD?

Long
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
After nzdusd broke its support in 0.6478, it strengthened the currency's bearish pattern.
You can see in the graph above that we have further support here at 0.6395 with the possibility of stopping the declines and possibly an increase.
The risk remains high because it is a signal that goes against the trend.
Target: 0.6480
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