NZDUSD, NEW DIRECTION, POTENTIAL DOWNTREND
Signs of a possible downtrend have been identified on the lower time frame showing the possibility of price dropping towards the 0.6230 price area. The potential setup remains valid below 0.6310.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
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