NZDUSD Trade Idea

In the previous analysis, I mentioned that we could expect some pullback on NU breaking above the 0.7815 resistance zone, which was exactly what the market performed. In today's trading session, I will remain neutral bias. I will be paying attention to the 50ema on the 4h chart as a potential rejection area for further bearish continuation setup. However, if it breaks above it, 0.7100 is the next resistance zone.

Trade safe and be flexible

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