NZD/USD BEARS WILL DOMINATE THE MARKET|SHORT

11 мая 2023 г.

Hello,Friends!

NZD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.626 area.

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