Chart of the Day NZDUSD

NZDUSD is hitting a major resistance

NZDUSD is testing a strong upside resistance/downside support 0.6350-0.6400 zone. A break above 0.6400 is required for a complete upside reversal. Break below 0.6300 will lead to a downside continuation.

ARMAT trading system is neutral

Note: look for the short trade entries with the stop loss above 0.6360 level 

 

 

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