Hello fellow risk-takers.
After price breaks a lower low what usually follows is a deep retracement.
NZDUSD is heavily bearish but it looks a bullish retracement is somewhat required as a reaction to the recently broken lower low.
Buyers seem inclined to make the retracement happen.
Trade well and take care.
After price breaks a lower low what usually follows is a deep retracement.
NZDUSD is heavily bearish but it looks a bullish retracement is somewhat required as a reaction to the recently broken lower low.
Buyers seem inclined to make the retracement happen.
Trade well and take care.
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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.