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NZDUSD Trade Idea

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In yesterday's analysis, I noticed that sellers' were in control of the market due to the over-extended condition and expected further bearish momentum towards 0.7171 after a rejection from 0.7216 minor resistance, which was exactly what the market performed. As NU kept failing to re-visit the highs, will be looking for short-term selling opportunities if price is rejecting 0.7200 - 0.7210 zone with trendline confluence, with 0.7145 as the initial target.

Trade safe.

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NZDUSD Trade Idea

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.