LONG ON NZDUSD

The NZDUSD pair faced strong negative pressure to break 0.6140 level and turn to decline on the intraday basis, on its way to test 0.6020 initially, noting that breaking this level will put the price under more negative pressure to suffer additional losses that reach 0.5900, while breaching 0.6140 will push the price to recover again and build new intraday bullish wave.
Chart PatternsTrend Analysis

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