I think the NZDUSD still has a long way to go before it reaches the next LT resistance level. It is currently trading in a short term range, which is good because it helps us determine possible entry levels:

I have my next LT resistance level at 0.8817 (if I find a long opportunity here, I’m going to place all take profit orders below this level).

Trade Safe!

Raul Lopez
Forex Course
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