NZDUSD: A deeper correction is on the way

The parabolic trend has been broken with the sell down this week during FOMC.

We are already up around 80 pips in this trade with a short position around the 0.7235 level with SL set to break even.

It is still not too late to get in, we will be adding a second position here.

NZDUSD Short
Entry is valid as long as price is below 0.7180.

SL: 0.7240
TP: 0.6920
Trend Analysis

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