NZDUSD Trade Idea
NU has recently broken below the 0.7010 support zone that I've mentioned in the previous analysis. In today's trading session, I will be focusing on short-term buying opportunities due to the extreme oversold condition. Avoid chasing the sells during such an over-stretched condition due to unreasonable risk-to-rewards. I am anticipating some short-term bullish bounce above the 0.7010 S&R zone
Trade safe and be flexible.
Do follow my profile for daily fx forecast & educational content.
Trade safe and be flexible.
Do follow my profile for daily fx forecast & educational content.
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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.
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.