NZDUSD Downtrend Continuation?
NZDUSD has been in a downtrend for quite some time and has recently broke through a strong level of support. Currently, price has pulled back to the level and I am patiently waiting for a rejection and a short to set up. If price does begin to fall again, I expect it to reach the 0.61 level before any reversal occurs.
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.