NZDUSD OVERVIEW

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NZDUSD formed a bullish market structure after breaking 0.62992 4H/D1/1W, and the price returned within the Area of Liquidity, consuming the unconsumed liquidity that was left after the price shift. It took an outside formation (new structure after the shift), and the price came back to capture the unconsumed liquidity, which is why the price returned. Now, we are continuing with a bullish continuation trade.

NZDUSD

Feragatname

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