NZDUSD Trade Idea
NU is currently in a strong uptrend, finally breaking the 0.7171 key resistance. In yesterday's forecast, I expected the market to break and re-test 0.7171 for continuation setup, which was exactly what the market performed. Will be focusing on long-term buying opportunities after some minor pullback or exhaustion pattern with 0.73 as the primary target. Avoid holding overnight position today due to the public holiday and possible weekend gap.
Trade safe.
Do follow my profile for daily fx forecast.
Trade safe.
Do follow my profile for daily fx forecast.
Note
Previous analysis
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.