Hello Price Action Naked Traders
The Nzd/Usd pair went close to test the support area at 0.8300 after the false bullish breakout of resistance level at 0.8450 seen here on the blog this past weekend in the weekly analysis. Today, in the daily chart we can see a candle that rejects lower prices, although not with a vigorous bullish close. We can wait for a rebound until the 0.8450 area.
It’s all for today!
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