Hello traders, NZD/USD
is trading at 0.7180. The price is trading in a downward resistance and support wedges
and can break support level
to continue its down trend. If the price breaks the support level
at 0.7172, it can continue its down trend and its target prices are as follows. 1st target price at 0.7139 and 2nd target price at 0.7111.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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