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Nzd dollar Price Action Update support and compression levels holding price up

Blue double exposure of money coins stacking with bar graph for financial and investment business concept.

I am quite keen to let everyone update about the recent price Action setups and the one I found today is kiwi dollar or NZD/USD.

I am still bullish on the pair towards the move 0.7030 for the short term, but the problem we are having is to breach the 0.6950 area, and once it is breached as price has compressed to 0.6880 support and once this supply is engulfed we should look to buy the pair towards the retracement 0.6990 levels.

So, Entry should be like :–

Buy Limit 0.6890-95 level

Stops 0.6870

Target [email protected] 0.6970

[email protected] 0.7030

What do you think?

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