NZDUSD SHORT DAILY AND 4HOUR TIMEFRAME 100+PIPS
On the daily time frame price has broken the resistance level which is now acting as a support. The price has now formed a rising wedge which indicates a drop is coming, I have also marked with horizontal line an area the price has had heavy resistance in the past and I expect price will rise to this level before going for a short
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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.