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New Zealand Dollar / U.S. Dollar
Short

NZDUSD: Confluence Zone & Pullback 🇳🇿🇺🇸

By VasilyTrader
Updated
snapshot

Hey traders,

NZDUSD reached a peculiar confluence zone:
we see a perfect match between 618 retracement of the last bearish leg
and 4H intraday structure resistance.

Forming a bearish engulfing candle, the price confirms the strength of the underlined area.
I expect a pullback.

Goals:
0.69
0.686

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Note
Check my new idea on EURGBP:
EURGBP: Preparing For The Next Move! Our Plan: 🇪🇺🇬🇧
Candlestick AnalysisdollarFibonacciforecastNZDUSDSupport and ResistanceUSDDJ FXCM Index
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