NZD/USD:The pair is in the middle of a strong bearish move ever since it peaked at 0.8220, and is now traded at 0.7230. The pair continues its nonstop bearish journey overlooking every possible support level and shows no sign of a stop. All oscillators on the daily chart are still bearish and the trend appears to have more room to run. Forex traders should note that being on the short side appears to be a wiser move during the day.




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