NZDUSD
At this point the price is close to the upper Limit of the Weekly trend channel (see chart below), therefore I would not be looking to take long positions, instead of it, if the price gives a good Risk Reward ratio I would be looking to enter short --->> if the price breaks the trend line, then consolidate/retrace
Note
Weekly
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.