NZDUSD Trade Idea

NU has recently broken below the 0.7015 support zone with some extremely strong bearish momentum. In today's analysis, I will remain neutral bias due to the current over-extended condition. I will pay attention to the 0.7015 area as a potential rejection for further bearish continuation setup towards the 0.68 support zone. Avoid chasing the sells if the price just keeps grinding lower.

Trade safe and be flexible.

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