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priority shows NZDUSD IS BEARISH .price broke out of range to the downside. price retracing back to previous support also as we can see the sellers trying to protect the 61.8% fibs level. so we should possibly be looking for shorting opportunities.
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Price moving towards the resistance level, we wait for a rejection at the resistance level and we go short.
N.B This is just a potential outlook. Always remember uncertainity is the name of the game . And feel free to drop your ideas at the comment.
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Price making series of higher lows bouncing off the 20 moving average indicating a strong trend to the upside. after a breakout to the resistance, price pulled back to find support. We wait for a confirmation to go long .
ALWAYS REMEMBER UNCERTAINTY IS THE NAME OF THE GAME.
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Price making HIGHER LOWS into resistance .Pushing pressure on the horizontal resistance and as a result a breakout is likely. Incase there is a breakout of the horizontal resistance we initiate a long position .
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ALWAYS REMEMBER UNCERTAINTY...