BombayBulls

NZD/USD - Is Long feasible?

Long
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Strong dairy auction might put a base here around 0.6550. Prices hasn't been collapsing and that's a good sign. Good risk rewards argues for a tiny long here expecting the retest of next resistance at 0.6640. Let's see how it develops and next few sessions will be interesting in defining the next good move.

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