NZDUSD trend transition
NZDUSD is currently in a strong bearish market, however, I'm expecting a transition to a bullish market once the price reaches the next support, where the rally of the previous bullish trend started.
Once that price is reached, the RSI should be in the oversold area as well, which will indicate us the market will be pushed upwards.
Once that price is reached, the RSI should be in the oversold area as well, which will indicate us the market will be pushed upwards.
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