A Clean Swing
Updated
The RBNZ is expected to release the Monetary Policy statement and the Interest rate decisions after 3 hours from now. We can expect a rising volatility at NZDUSD. The pair is already overbought. Divergence is discovered too.
Expect strong resistance at 78.6% fib level.
Hold for the news and trade the volatility.
All the best!
~Riz
Expect strong resistance at 78.6% fib level.
Hold for the news and trade the volatility.
All the best!
~Riz
Trade active
TP- 0.69600SL- 0.70250
Risk/Reward: 0.72
Trade closed: target reached
Done! Keep following!
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.