NZDUSD back in support zone, possibility of a pullback
Hello traders, in my previous NZD/USD idea, I advised selling NZDUSD@0.7301-0.7320.
If you followed that idea, you have certainly made close to 180+ pips profit.
(previous idea attached below for your reference)
Currently, NZD/USD is back in a support zone and although I am not so bullish on this pair, I still think
there is moderate chance for a pullback to the 0.72 level.
So, if there is some bullish price action in the support zone, buying NZDUSD@0.7115-0.7125 with SL below
0.7090 and TP at 0.7210 would be a possible short-term buy signal.
If you followed that idea, you have certainly made close to 180+ pips profit.
(previous idea attached below for your reference)
Currently, NZD/USD is back in a support zone and although I am not so bullish on this pair, I still think
there is moderate chance for a pullback to the 0.72 level.
So, if there is some bullish price action in the support zone, buying NZDUSD@0.7115-0.7125 with SL below
0.7090 and TP at 0.7210 would be a possible short-term buy signal.
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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.
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.