Please look at addition chart for a bigger view.
NZDUSD still in a down trend, and the support on the monthly chart is still indicate a very strong power of DXY . The monthly show a structure of a 2 overlap range of price, one in (purple range) and (orange range) as both pointed by a box in the additional chart below.
Setup configuration :: (More info with a bigger views in the chart below)
SHORT @ 0.6850 , (As point by orange box)
This number come from a recently reversal a few month back... as point by (orange box) .
STOP @ 0.7000 , (As point by red box)
This come from the same point as (entry point orange box) with an extra pip. (as seen on red box).
TARGET 1 @ 0.5400
This number come from a bigger range of price that has been shift over a few years back. (look at bigger chart for detail).
TARGET 2 @ 0.4000
Using the same reason as the (1st target) but with additional extend drop price along of multi years strength of USDOLLAR , DXY .
secondary chart for target and price range
NZDUSD still in a down trend, and the support on the monthly chart is still indicate a very strong power of DXY . The monthly show a structure of a 2 overlap range of price, one in (purple range) and (orange range) as both pointed by a box in the additional chart below.
Setup configuration :: (More info with a bigger views in the chart below)
SHORT @ 0.6850 , (As point by orange box)
This number come from a recently reversal a few month back... as point by (orange box) .
STOP @ 0.7000 , (As point by red box)
This come from the same point as (entry point orange box) with an extra pip. (as seen on red box).
TARGET 1 @ 0.5400
This number come from a bigger range of price that has been shift over a few years back. (look at bigger chart for detail).
TARGET 2 @ 0.4000
Using the same reason as the (1st target) but with additional extend drop price along of multi years strength of USDOLLAR , DXY .
secondary chart for target and price range
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.