NZDUSD after creating 2 peaks, short-term setup
Updated
Hello traders. What do you think about NZDUSD? Currently, the market is not much volatile as it is trading around the 0.595 price level after facing significant selling pressure near the 0.6000 psychological resistance level.
Now looking at the technical picture on the 4-hour timeframe, we can see that yesterday the pair formed a double top candle. Expect this pair to drop to at least the specified level then rise back to the specified level.
Now looking at the technical picture on the 4-hour timeframe, we can see that yesterday the pair formed a double top candle. Expect this pair to drop to at least the specified level then rise back to the specified level.
Comment
good luck everyoneComment
good luck everyoneRelated 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.