Nov 14, 2024
Trade ideas
NZDUSD, Daily
NZDUSD tests the crucial support at the 0.5860 level.
The price breaches below the Bollinger Band, while the Stochastic oscillator and %R are in the oversold zone, giving a signs of reconery.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Timur Yurdagyul
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