Chart of the Day $NZDUSD

On the NZDUSD chart, we can see that the pair is reaching the strong support 0.6500 level. This support could lead to a possible counter-trend bounce for a retest of the 0.6570 level. If we get a daily close below 0.6500 we can expect a further downside continuation.
Note: look for the counter-trend long trades with the stop loss below the 0.6500 level.

NZDUSD technical analysis

 

 

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