Hello traders, NZD/USD
is trading at 0.7242. The price is trading in resistance and support wedges
and can break resistance level
to start a new up trend. If the price breaks the resistance level
at 0.7254 then it can start a new up trend and its targets will be at 0.7279 and 0.7312.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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