As we can see NZDUSD have been continuing its downtrend for quite sometime. (Bearish Bias) Recently, NZDUSD was able to climb all the way to its resistance level and therefore keep a lookout at a potential candlestick that will determine its bullish or bearish movement. As for now, I will be going with the bearish bias and will potentially see it falling to the support level before a strong bullish movement. Will update again for this pair as of now I will short this position.
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