FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We have seen heavy selling pressure on this pair for the last 5 weeks and indicators suggest there is more downside to come. Price is reaching extremely oversold levels and we have minor bullish divergence on the RSI suggesting a pullback is due. I will be looking to short at psych level 0.65 which lines with 0.382 fib level broken trendline and potentially the daily 50 ema.
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