NZD/USD
On a daily chart we can see that last week the pair has reached to a resistance area around the level of 0.7050, and when a false break pattern was formed.
On Thursday last week, the pair went up and closed the day at a price level of 0.7101, but on Friday it went down again and closed the week at the price level of 0.7053, on the resistance level.
For Forex traders:
Sell between the levels of : 0.7050 – 0.7025.
Stop loss point : 0.7115.
Take profit point : 0.6700.
For Binary options traders:
A put option between the levels of : 0.7050 – 0.7025.
Expiry time : June 17.
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