Greetings Forexia Family, lets break down the analysis on NZDUSD. As it can be seen from the above analysis that the pair has overall downtrend, While, the pair has formed fake up trend to go down. I believe the pair is doing similar scenario today where yesterday it formed the mini up trend and it respect the zone where many traders go long. I believe the pair has more room to go down to around 0.59200. I am expecting the scenario below.
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