Using Probability to Guide My Long Positions on NZDUSD
Updated
The NZDUSD pair is showing bullish potential due to several key factors.
Recent US inflation data came in softer than expected, which could lead to a more dovish stance from the Federal Reserve.
Additionally, the Fed's recent interest rate cut is likely to weaken the US dollar, benefiting the New Zealand dollar.
These factors, combined with NZDUSD's positive momentum over the past week and month, support a bullish outlook for the pair.
To capitalize on this potential, I'm using probability-based analysis to enter long positions. By focusing on high-probability setups, I aim to achieve more consistent results over time.
12M:
2W:
1H:
I’d love to hear your thoughts on the NZDUSD outlook and my trading strategy. Please share your insights or questions in the comments below!
Recent US inflation data came in softer than expected, which could lead to a more dovish stance from the Federal Reserve.
Additionally, the Fed's recent interest rate cut is likely to weaken the US dollar, benefiting the New Zealand dollar.
These factors, combined with NZDUSD's positive momentum over the past week and month, support a bullish outlook for the pair.
To capitalize on this potential, I'm using probability-based analysis to enter long positions. By focusing on high-probability setups, I aim to achieve more consistent results over time.
12M:
2W:
1H:
I’d love to hear your thoughts on the NZDUSD outlook and my trading strategy. Please share your insights or questions in the comments below!
Trade closed: target reached
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