We are starting to see loss of momentum in this pair and failed to break previous week high. The cross is right at a confluence technical level and depending on the NZD interest rate decisions this cross is likely to show more momentum to the downside in upcoming sessions.
Note
of course take out stops first :)Note
target hit to the T.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.