NZDUSD Analysis:
NZDUSD has broken and retested the descending channel in the 1-hour timeframe chart.
After the confirmation of the Upward movement, NZDUSD Buy signal was given.
But NZDUSD hovers around the entry price range and starts to make a ranging movement between the entry price levels for a long time.
The market moved up and down between the entry price ranges for more than 2 days (As per AEDT time zone – 2 days protection rule).
As per signal following rules, due to lack of movement, the NZDUSD signal has closed at an entry price level.
For new users: Please note that: the NZDUSD signal has been closed at the entry price level due to lack of movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message: forexgdp.com/follow
If you know our signal rules, please take this signal quiz test here: forexgdp.com/follow/#quiz
Please be patience and wait for the next good opportunity signal. We always want you to trade safely at all market conditions.
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