traderpulse

NZD/USD Technical analysis

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The market seems to have come to its senses after the post news profit booking rally, friday.
It has broken its bullish trendline in the 15-min chart, indicating dwindling buying momentum.
To add to it, the ADX indicator has also turned bearish .
Hence, we expect the arrival to bears in the counter and the pair to make a move to its intraday support at 0.66195.

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