NZDUSD Trade Idea

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NU has recently broken below the 0.7010 support zone that I've mentioned in the previous analysis. In today's trading session, I will be focusing on short-term buying opportunities due to the extreme oversold condition. Avoid chasing the sells during such an over-stretched condition due to unreasonable risk-to-rewards. I am anticipating some short-term bullish bounce above the 0.7010 S&R zone

Trade safe and be flexible.

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Feragatname

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