Tickmill
Short

NZDUSD in supply zone, keep an eye out

FX:NZDUSD   Neuseeländischer Dollar / US-Dollar
NZDUSD             is seeing major resistance in our supply zone around the 0.7070 area (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal overlap resistance) and a strong drop could occur from this level to drive price towards our major support area of 0.6823 ( Fibonacci extension , horizontal swing low support).

Stochastic (55,5,3) is seeing major resistance below our 98% level of resistance.

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Losses can exceed the initial investment so please ensure you fully understand the risks.
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This analysis is provided as general market commentary and does not constitute investment advice.
I am short on this pair too
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