NZDUSD continues to decline over last few months mainly due to constant decline in dairy prices and dovish comments by RBNZ in last few meetings about interest rate cut.

Despite fundamental reasons suggest further decline on this pair, I have entered a long trade based on my technical analysis as price is testing daily demand zone at 0.6500. Will keep a close watch on this trade and see how the trade progress before NFP and as such will adjust take profit and stop loss target accordingly.

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