NZDUSD Short
Updated
NZDUSD is testing Fib level 61.80% and reached a strong resistance level of 0.67050. In accordance to Dollar Currency index it is also reached a strong support level of 92.480 and is testing this level for now. So I expect dollar currency to move up from support level and this will result in drop of NZDUSD pair. I expect pair to fall at 0.65900 level. Let's see how it goes.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
Trade closed: target reached
Hello traders as we predicated to go short for this pair from 0,67100 it went according to our plan now price came near 50.0% fib level now I expect it to pull back around 0.67000. So traders who already opened trade from from I suggest you to close trade and wait for pullback
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.