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Mrsam36
Mar 6, 2024 11:19 AM

Nzdusd lower more than expected read the caption  Short

NZD/USDOANDA

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which is generally a sign of weakening momentum often followed by pullbacks or reversals. In this case, if the price were to break to the upside the reversal would be confirmed, and the buyers would pile in more aggressively to extend the rally into the highs. The sellers, on the other hand, will likely lean on the resistance to position for a break below
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