NZDUSD Trade Idea
In the previous analysis (Thursday/ 31st Dec), I expected NU to pullback due to the over-extended condition after the breakout of 1.7171 daily high. Coming into Monday (4th Jan) session, I expect NU to perform deeper pullback towards 0.7171 or potentially 0.7144 zone for further bullish continuation setup. However, if you are aggressive, do pay attention to 0.7198 minor resistance zone for short-term selling opportunities.
Will keep it updated on Monday. Trade safe.
Do follow my profile for daily fx forecast.
Will keep it updated on Monday. Trade safe.
Do follow my profile for daily fx forecast.
Note
Previous analysis
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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.