NZDUSD is trading in an ascending channel, and it rebounded from resistance.
The market is overbought, and it created divergence at resistance.
We expect a bearish move from the resistance; there is a false breakout, which means bulls run out of steam.
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The market is overbought, and it created divergence at resistance.
We expect a bearish move from the resistance; there is a false breakout, which means bulls run out of steam.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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