Further decline in NZD/USD is anticipated prior to any bullish momentum, but if the weekly pivot point (PP) holds as a support level, we might witness immediate upside potential.
PPI, CPI, NFP were all hot, do you think that's a good idea to short USD? in this type of circumstances?
TradeWithTheTrend3344
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@JoeChampion, There could be a potential decline prior to any upward movement, contingent upon how the price behaves in proximity to the support levels.