Following the recent update on NZDUSD the market seems to be reversing from Nov. 17 2022 retracement levels, this price level has currently created a current low of the year.

While we have the high up there, following the textbook setup we have a down trend followed by a retracement which me might expect a continuation lower when the retracement is done.

Till we see a change of momentum downwards the market might be truly be reversing else proven otherwise.

#mythoughts.Though
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