NZDUSD hovering above major support, watch for a bearish break!
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NZDUSD is hovering nicely above major support at 0.7276 ( Fibonacci retracement , horizontal swing low support) and a break of this level could trigger a mega drop towards 0.7184 support ( Fibonacci retracement , horizontal overlap support). It is important to wait for the candlestick to at least close below our 1st support level to potentially trigger the sell-off.
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This analysis is provided as general market commentary and does not constitute investment advice.
This analysis is provided as general market commentary and does not constitute investment advice.
musoy
you are very knowledgeable
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AshaDi
It seems going up now... should we still hold?
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