Dolar New Zealand / Dolar A.S.
Telah dikemas kini

NZDUSD Trade Idea

215
In yesterday's analysis, I discussed about the potential rejection at 0.7167 minor resistance zone, however, price breached the resistance zone very strongly. In today's session, we'll need to monitor the price action of NU, see the momentum its approaching 0.7240 minor resistance zone, if there's a clear bearish rejection, we could expect some mean reversion setup back towards 0.7165 support zone. But if the bullish momentum is strong, wait for an upwards breakout of 0.7240 resistance zone for a break & re-test setup. In the short-term, I will be favoring short opportunities due to the lower highs & lows sequence. 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.
Nota
Previous analysis

NZDUSD Trade Idea

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.