NZD and USD sitting on a tree, B-U-L-L-I-S-H!
We are retesting the same zone as on 13th of December. I wasn't quite sure what to do with this pair, but some time passed and information revealed itself. We saw a big bullish pressure at this level on the H8 TF, H1 presented itself as a double bottom and BOS from bearish to bullish. Two important signals at a significant level that give a sense of self-confidence to buy at this price. It will be interesting to see how USD will behave once todays news get released.
Trade closed manually
Price broke support. Closed the trade with a small loss.
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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.