NZDUSD Potential SELL opportunity!
NZDUSD is currently exhibiting a downward structural trend, with prices rebounding from weekly and daily highs. As the market retraces into weekly demand, we anticipate further bearish price development. Notably, the 4-hour supporting trendline has been breached, signaling a potential shift in momentum. Our strategy involves patiently awaiting a pullback on the 30-minute timeframe, where we can identify optimal entry points for potential selling opportunities. Stay tuned for updates as the market unfolds.
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