NZD/USD Technical Analysis.
Currently, NZD/USD is trading at 0.6578. The pair is trading in a downward resistance and support channel and can continue the same pattern for some time. The price is moving towards its support wedge and can rebound back after touching it to continue trading in its channel pattern.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Thank you,
Rishikesh Lilawat
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat