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NZDUSD – Pulling Back Towards LT Resistance, Bearish Bias (Daily chart)
Price Action Context
The pair broke below a LT key support level in June and continued to sell off. MT, the pair seems to have formed a base and the probability of a bigger pullback towards the LT S/R zone (now resistance) has increased IMO.
Bear trend has gotten more volatile lately, followed by a failed continuation and false break of last ST support + …... Keep reading