By ForexMansion.com

 

NZD/USD continues to defy gravity on both the daily and weekly charts. The 0.80 level is currently being tested, and if the recent past is any indication – should give way sooner or later. However, if you buy now, you are chasing the trade – a great way to lose money. By waiting for pullbacks, you can get this pair at a discount. Selling isn’t advised at all.

Originally posted here

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