Looking at the 1 hour chart, an impulsive bearish candle was the result of NZDUSD being rejected around the 0.7084 area. Now I am looking for it to create a lower high in this timeframe and pullback to the 0.7017 area to retest. Let us see how this trade goes!
Note
NZDUSD has reached my potential buy zone before it going higher. Now, I am just waiting for confirmation that it is reversing from this area.
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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.