This is exactly how I believe NZDUSD is going to move:
1) Price will go down until 200 EMA
2) 200 EMA will act as support, and make it bounce all the way back up to resistance @ 0.66889
3) When the price touches resistance we will take the following position:
Key Points:
Entry : 0.66887
Take Profit : 0.66109
Stop Loss : 0.67057
Ratio : 4.5/1
Good luck and happy trading!
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