NZD/USD Price Analysis: Bulls eye a 50% mean reversion to 0.6280 – by fx_ross NZDUSD Currencies Technical Analysis
NZD/USD bulls eye a 50% mean reversion target that aligns with prior support. , whereby the price was expected to continue lower, we have seen a resurgence in the US dollar that has subsequently knocked the bird off its perch and into the targeted area.it was stated that the price had swept the liquidity near 0.64 in the form of stops and this had resulted in a move lower and a change of charter ) in structure, from bullish to bearish, on the lower time frames around 0.6370.
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