forexjose91

4hr Price Breakout of Range testing Demand Zone

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Area of buyers are holding their ground and pushed price to new highs
Sellers came in bring price back down to the exact are made the break.

Probability for me is that I am betting price will go back to resistance where sellers are waiting for price to keep moving up.

If anything there is an explanation of what can happen if it keeps going down.

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