NZDUSD touched its target at 0.7050 and we might see a dip from NZDUSD from that level as there is a good resistance present around 0.7050 in weekly charts. Aggressive traders will look to sell NZDUSD around that level with a short stop and will target a nice intra-day trade along the retracement.
Recommended Trade:
Sell NZDUSD @ 0.7045
Stop @ 0.7080
Profit 1 @ 0.6985
Profit 2 @ 0.6930
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