EliteTradingSignals

NZD/USD BULLISH BIAS RIGHT NOW| LONG

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello,Friends!

NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.627 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.

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