sashkay

NZDUSD - PRICE COULD GO EITHER WAY

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price is currently at a key area which was a previous support. This area also happens to have touched the ascending trend line. we will be looking out for how price behaves at this area. If price breaks downwards below the support area, we will be looking for a retest below the support and open short positions. However, if price bounces off the ascending trendline, then we shall open long positions. Happy Trading
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