NZDUSD - Intraday - We look to Sell at 0.6703 (stop at 0.6722)
Price action has formed an expanding wedge formation.
0.6715 has been pivotal.
Bespoke resistance is located at 0.6700.
The trend of higher highs is located at 0.6705.
A higher correction is expected.
We look to sell rallies.
Our profit targets will be 0.6651 and 0.6631
Resistance: 0.6700 / 0.6715 / 0.6740
Support: 0.6675 / 0.6650 / 0.6620
Price action has formed an expanding wedge formation.
0.6715 has been pivotal.
Bespoke resistance is located at 0.6700.
The trend of higher highs is located at 0.6705.
A higher correction is expected.
We look to sell rallies.
Our profit targets will be 0.6651 and 0.6631
Resistance: 0.6700 / 0.6715 / 0.6740
Support: 0.6675 / 0.6650 / 0.6620
Trade closed: stop reached
Stop loss reached! -19 pips
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Related publications
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.