NZD/USD breaks the mid term bearish structure, dip buys in play

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27 January 2021 | Updated: 27 January 2021

The Kiwi-Dollar bounced from the 0.7170 level and rallied about 79 pips to the previous key zone.

We are trading the breakout of a falling wedge only if it breaks the previous highs.

Should price not break the previous highs we should delete the pending order.

Validation level: 0.7236
Invalidation level: 0.7219

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