A fakeout just below the 0.67296 daily horizontal support level has presented a long trading opportunity on the NZDUSD chart.

Depending on how soon you enter the trade, you could be looking at a reward-to-risk ratio of 3.57 if you set your stop at 0.66995 and your target at 0.68630.

Endeavour to check with your own analysis before making any trading decision.

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Beyond Technical AnalysisTechnical IndicatorskiwidollarlongsetupNZDUSDTrend Analysis

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