The NZD/USD inside a bearish channel in a strong downtrend seems to continue its rally to reach the lower side of the channel where there is a support level of 0.5920 where we place our Target. The RSI is still on the Bearish side meanwhile the Stochastic seems ready to approach the oversold area. Looking for a short continuation.
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Disclaimer
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.