Preferred direction: BUY
Comment: As a result of yesterday, the main competitors failed to gain a foothold after good growth during the European session and as a result, prices retreated to their previous positions. However, the NZDUSD currency pair currently has one of the strongest growth potentials in the short term. The limit buyer continues to hold the price and is most likely preparing for growth. Therefore, short-term long trades for this instrument are the most relevant among major currency pairs. We consider two scenarios (on the chart) and set the target at the level of 0.62359.
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Comment: As a result of yesterday, the main competitors failed to gain a foothold after good growth during the European session and as a result, prices retreated to their previous positions. However, the NZDUSD currency pair currently has one of the strongest growth potentials in the short term. The limit buyer continues to hold the price and is most likely preparing for growth. Therefore, short-term long trades for this instrument are the most relevant among major currency pairs. We consider two scenarios (on the chart) and set the target at the level of 0.62359.
Thank you for like and share your views!
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