The price of the NZDUSD currency pair is now hovering around the key support level on the H1 chart. Furthermore, the price moves to the border of the rising trend line, where it has created higher lows so far. Now it looks like a breakthrough not only of the trend line, but especially of key support. The stoploss is placed almost symmetrically with the resistance level, from which a sharp rebound downwards occurred, and the target price is placed in the vicinity of another important support.
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