Seeing exhausted strength from NZDUSD's recent moves up. USD gaining strength and expected continuation of trend down to major support level. RSI on way down as well as crossing of lines on MACD
Expecting to fall into a bigger consolidation.
Risk Allocation: 0.5%
R:R = 1:4
GL
Expecting to fall into a bigger consolidation.
Risk Allocation: 0.5%
R:R = 1:4
GL
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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.