Forex Price Action Trading Strategies

Hello Price Action Traders.

Nzd/Usd

The pair is approaching the key support level at 0.7700 area after having touched the key resistance at 0.8100to  showing weakness with one of the most effective trading signals that I know. The thing to do here is to wait for the end of the week and see what will happen on this area. If price will show a long trading signals above the support might bring back the bulls in the market while the closing below this area could keep bears selling Nzd.

 

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