Price Action | Nzd/Usd

Hello Price Action Traders.

Nzd/Usd

The Nzd/Usd forex pair went to test resistance area at 0.8400 forming a false break of it. From here price started a correction phase that might have end around the ex resistance area at 0.8100. It will be interesting to see what will the price do on this level because a long price action trading signal would confirm the maintenance of supportive area and the possible restart of the upward trend started from the 0.8100 break.

 

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