Possible Correction on its Way, NZDUSD

21 בספט׳ 2020

I am not a big fan of betting against such a powerful trend specially at such an early stage of a possible reversal. This is a risky idea and if anybody chooses to use it on their own accounts the important price to keep in mind that should hold for this analysis to be valid is the 0.68 mark. This mentioned level should hold before price hits the yellow dotted line which is were I would place my order.
Happy Trading :)