NZDUSD retraced back to 50 fib level (60 / 240 min charts). Expect a reversal and rather smooth move down all the way to 0.0 fib level. In the worst case, might spike up to 15 pips up to 61 fib level but will reverse anyway. Good reward / low risk short trade.
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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.