Good day traders! I hope you all have a great trading day ahead!
Start off with NZDUSD! From Daily Timeframe perspective, price is obviously losing its bullish momentum and forming descending triangle (as shown in the chart). Therefore, a break of the support will expose the price to 0.633 (green). And a retest will occur at current support which may turn into resistance and price would be exposed to the further downside.
Always go for a clear trading strategy and enter trade with good risk management. It's always you versus yourself instead of you versus the market.
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