Hello,Traders! NZD-USD has hit the Strong horizontal resistance Level of 0.6282 and some Pullback is already visible So a short trade is appropriate In this setting but It is risky Because the setup looks Like a triangle pattern and Is supposed to breakout Out to the upside at some point So I would use 0,5% risk only Sell! Like, comment and subscribe to help us grow!
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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.