NZDUSD H1 |
Pretty much looks like a range based play. With 200EMA & 100EMA with just broken, I favor a down move towards the lower horizontal resistance.
I would like to go short on a bounce to upper resistance area. That area also coincides with 100EMA & 200EMA. I will short around 0.8185/90 for a possible move towards lower horizontal area. But today being Friday and US GDP release later, I will keep size small.
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