NZDUSD At Resistance
Updated
On the daily time frame NZDUSD has reached a nice resistance. The indicators also have seemed to reach their top and are running out of steam reversing back down for a next bearish wave.
How ever its all still fresh.
If youre an early bird you could sell NZDUSD now with a 70 pip stop loss and target 0.7025
If you prefer less risk then wait for the next daily candle. If its green it will break the resistance and you can enter a buy, but if it turns red then its a confirmation of a bearish reversal and you join the sell.
How ever its all still fresh.
If youre an early bird you could sell NZDUSD now with a 70 pip stop loss and target 0.7025
If you prefer less risk then wait for the next daily candle. If its green it will break the resistance and you can enter a buy, but if it turns red then its a confirmation of a bearish reversal and you join the sell.
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