NZDUSD Trade Idea

11 Oca 2021

In yesterday's forecast, I discussed about the possibility where price rejects 0.7241 minor resistance with further bearish continuation with 0.7195 as the initial target, which is exactly what the market performed. Currently will be looking for short-term buying opportunities if price clearly rejects 0.7171 key support zone with 0.7241 as the initial target. Be aware that there are many minor levels, avoid paying too much attention into them to reduce distractions. Do not forget the overall trend on the higher timeframe remains bullish.

Trade safe.

Do follow my profile for daily fx forecast & educational content.

11 Oca 2021

Not

Previous analysis