Black Pipper

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Sell NZDUSD (May 04, 2020)

NZDUSD signal

NZDUSD signal


Sell @ 0.6040

Profit @ 0.5965

Stop @ 0.6065

Rationale for Selling NZDUSD:

Prominent Dollar strength and the risk-off sentiment are pushing the Kiwi down. Technically, the price remains shaky with volume shrinking as the price tried and failed to move further upside.

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