NZDUSD to find buyers at previous resistance?NZDUSD - 24h expiry
The move lower is mixed and volatile, common in corrective sequences.
Price action has continued to trend strongly lower and has stalled at the previous support near 0.6250.
Risk/Reward would be poor to call a buy from current levels.
Short term RSI has turned positive.
A move through 0.6300 will confirm the bullish momentum.
We look to Buy at 0.6250 (stop at 0.6215)
Our profit targets will be 0.6325 and 0.6350
Resistance: 0.6300 / 0.6325 / 0.6350
Support: 0.6275 / 0.6250 / 0.6225
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