long1996

NU Weekly Analysis

OANDA:NZDUSD   纽元/美元
After breaking out of key support at 0.685, the pair has briefly find support at 0.67 region as it start the correction. The pair is currently retesting the support turned resistance at 0.685 region, which also coincide with the weekly trendline. A rejection on this level would prompt the continuation signal. The pair will likely consolidate between that area before resumes the bearish move.
Bias
Long-term: Short
Short-term: Long
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