NZD/USD bulls have been stubborn so far, but I think there is an opportunity here for a move within a 50 pip box between 6450 and 6400 for the close this week. The video explains the thesis. The 15-minute double bottom lows are not encouraging, however, for a tight stop loss, so I will be monitoring this correction for clues as we go before pulling the trigger around Tokyo and ahead of London open.
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.
Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
Also on:
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.