On the NZDUSD daily chart, we can see that the pair has reached the long-term uptrend line support 0.7000 level. This level needs to be broken for a downside continuation into the 0.6800 level. The bounce off this level and a break above the 0.7050 level would invalidate the downside.
Note: look for now for the short trade entries on a break below the 0.7000 level with the SL above the 0.7050 level.
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