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Analysis on #NZDUSD
Hello friends.
here we have the market moving sideways and consolidating, we either trade the consolidation or wait for the breakout to happen.
personally, for the chart, I am waiting for the break as it will give me a bigger range of pips to target and a good place to hide my stop.
>>if the market break and closes above the resistance level I will drop a one-time frame looking for a buy trade for a possible 144 pips range.
>> if the market break and closes below the current support level I will drop a one-time frame looking for a reason to enter a short trade for a possible 155 pips move.
Safe trading everyone
Check today analysis below⠀
>> “Control Your Emotion and You Control Your money.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you