After a bullish run , NZD USD is correcting itself. It has bounced off the previous resistance that now has become the support. We can expect a bullish run from there and can take a buy trade.
With a risk reward of 1:1 , we can exit before the last high.
With a risk reward of 1:1 , we can exit before the last high.
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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.