NZD/USD could face some additional pressures in the open on Monday as news circulates over the prospects of a worsening wave of coronavirus.

On Friday, NZD/USD closed at 0.6830 and up by some 0.1% as the US dollar gave back some ground with a rise in risk appetite on Wall Street.

We will take a long position when price gets to us.

Entry, stoploss and target already indicated on the chart.
Trend Analysis

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