NZDUSD SHORT
Updated
With a break and retest of the 0.66150 area a push down to 0.65850 is likely, I will enter on the break and retest around 0.66100 with take profit around 0.65150.
There was a rejection off a weekly trend line (purple line) dating back to July 2019, December 2019, and again at the last week of last month.
The weekly candlestick closed as a inverted hammer or an inverted shooting star confirming price has a good chance of continuing the sell off.
There was a rejection off a weekly trend line (purple line) dating back to July 2019, December 2019, and again at the last week of last month.
The weekly candlestick closed as a inverted hammer or an inverted shooting star confirming price has a good chance of continuing the sell off.
Comment
Bias is switched to bullish on this pair long term as well as the Aussie dollarOrder cancelled
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