Strategy for NZD/USD

 The primary trend of NZD/USD is bearish, prices are successfully sustaining at the lower levels & looking weak for the upcoming sessions. The pair is forming a rising channel and consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 0.7500. Today if the pair breaks 0.7495 & managed to sustain below it, then we can expect it to continue its ongoing trend & test the level of 0.7450 in today's session.

RSI is also sustaining in selling territory supporting downside 

movement in the pair.

  

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STRATEGY :- NZD/USD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

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