On our market watch, today is NZDUSD. The pair is testing the key 0.7190 level near-term for an upside continuation or a pullback. This position is giving us the potential long/short trade entry. The long trade entry will be triggered only on the daily close above the 0.7190 level. The short trade entry will be triggered by an intraday break below the 0.7150 level.
Note: proposed trade entry is – pending buy entry above the 0.7190 level with the SL below 0.7150 level. Pending sell entry below 0.7150 level with the SL above the 0.7190.
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