NZDUSD Last Short Call
If you are following me you might know that I've been selling the NZD for the last couple weeks, but all I've got so far was a sequence of breake-evens... NZD is on a very difficult area to trade, because it's on a very clear raising trend, but, also, it's on a very important daily resistance trendline..
Finally we are on a key moment, and we cannot take that trendline as broken before NZD breaks through this red area, which is a very strong support.
I strongly reccomend you guys to sell this area and aim for 170+ pips, and, if it breaks through 0.8300, we might need to let go of the shorts and wait some retracemente to keep buying towards the major tendency.
Finally we are on a key moment, and we cannot take that trendline as broken before NZD breaks through this red area, which is a very strong support.
I strongly reccomend you guys to sell this area and aim for 170+ pips, and, if it breaks through 0.8300, we might need to let go of the shorts and wait some retracemente to keep buying towards the major tendency.
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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.