This is a tough chart. Can't lie however, I'm actually bullish on NZDUSD. I would like to see if price can test the most recent support level which would be close to retracing up to 38% of previous low on the weekly timeframe. Looks like we are trading about the 20, 50, and 200 ema on the weekly timeframe. I would like to see a continuation. If the DXY remains bearish, I'd like to see if price can reach the 61 -88% zone on the upside. Let's see what happens!
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