Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.72400). if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . NZDUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 52
Take Profits:
TP1= @ 0.71800 TP2= @ 0.71500 TP3= @ 0.71150
SL: Break Above R2
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