NZDUSD Trade Idea

240
In yesterday's forecast, I expected NU to have a deeper pullback to have a potential bearish continuation setup, which is exactly what the market is performing now. Currently looking for short-term selling opportunities, a deeper pullback to re-test the 0.7167 minor resistance zone with 0.7094 support zone as the target. The current market condition of NU is like a ladder, avoid having unrealistic target, utilizing Fib levels to guide your entries and exits is a great way. However, do not forget the overall trend on the higher timeframe remains bullish.

Trade safe.

Do follow my profile for daily fx forecast & educational content
הערה
Previous analysis

NZDUSD Trade Idea

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.