NZDUSD > Can We See a Break Down Soon?!
Updated
Analysis of #NZDUSD
Hello friends,
here we have NZDUSD wedging, in other words, it's losing momentum, looking at the hir time frame we can see RSI is dropping which price keeps climbing t the upside.
f you remember my recent post on this pair I said carefully from the triple tops (check lin below).
Now What?
I can see a beautiful rejection candle followed by a lower low lower closed candle, which gives me a clear signal to sell, however, i am already in other NZD shorts against stronger pairs, simply because I do not want to buy the dollar.
I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Hello friends,
here we have NZDUSD wedging, in other words, it's losing momentum, looking at the hir time frame we can see RSI is dropping which price keeps climbing t the upside.
f you remember my recent post on this pair I said carefully from the triple tops (check lin below).
Now What?
I can see a beautiful rejection candle followed by a lower low lower closed candle, which gives me a clear signal to sell, however, i am already in other NZD shorts against stronger pairs, simply because I do not want to buy the dollar.
I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Note
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