SHORT NZDUSD Approaching Resistance, Prepare For A Reversal
NZDUSD is approaching its resistance at 0.6769(100% Fibonacci extension , 23.6% Fibonacci retracement , horizontal swing high resistance) where it is expected to reverse down to its support at 0.6714(horizontal swing low support).
Ichimoku cloud is showing bearish cloud where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
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