NZDUSD is testing the upside resistance
NZDUSD is testing the upside resistance/downside support 0.7250. This could be a good position for a short trade entry if as we have the short-term rising wedge as well. A confirmed break above this resistance is required for the upside extension. The first downside resistance is 0.7110 if we get a downside reversal from here.
Note – take a short trade entry with the stop loss above 0.7280
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