NZD/USD has extended losses following divergence on daily time frame, It just retested its multi-month bullish channel, scope is there for a short lived bounce and thereafter a deeper retreat towards my projected 100% area at 0.7003 area. Strategy is to short on a bounce for a target to 0.7003 over coming days, stop above 0.7347
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.