NZDUSD: Rally Stalls Near 0.81 Figure
Strategy: Flat NZDUSD has produced a pair of Spinning Top candlesticks following a retest of a broken rising channel bottom set from mid-March, pointing to indecision and hinting a pullback may be ahead. Negative RSI divergence bolsters the case for a downside scenario. Initial support lines up at 0.7979, with a break below that exposing 0.7813. Current positioning does not offer an attractive ...
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