Eugene123

NZDUSD buy trade back to resistance

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
4
We see that the key level (support line was not broken.) We should now see an uptrend towards the Resistance line. The wick/shadow on the bearish candle(the shadow/wick that touched support) is significant due to the fact that it tells us that the bears could not now keep the downwards momentum

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