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TFC Commodity Trading Forum

The NZDUSD moved slightly higher on Friday but sti *LINK* *PIC*

The NZDUSD moved slightly higher on Friday but still ended down significantly for the week following Tuesday’s pin bar sell signal at the event area up near 0.8040 area, which we discussed in our members trade setups newsletter October 21st. This week, we could see price re-test support down near 0.7710 if bearish momentum continues. However, if price retraces higher we will watch for a price action sell signal from resistance to rejoin the downtrend.