NZD/USD likely to fall!
Hey tradomaniacs,
looks like NZD/USD is re-testing a nice resistance-zone to short with the current correction.
Volume already looks pretty bearish tho as we see a-reversals with strong absorption of buyers.
Im still cautios and patient as the market just opened, but as soon as confirmed I`ll execute a short-position here.
What do you think?
looks like NZD/USD is re-testing a nice resistance-zone to short with the current correction.
Volume already looks pretty bearish tho as we see a-reversals with strong absorption of buyers.
Im still cautios and patient as the market just opened, but as soon as confirmed I`ll execute a short-position here.
What do you think?
Note
Too choppy for any entry - Looks good that way but market is so volatile that I`D even consider to stay out.
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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.