NZDUSD Trade Idea
On the previous NU forecast, I expected the market to break above 0.7120 resistance zone. NU is currently in a range bound condition. Currently remain neutral bias, waiting for price to react at 0.7171 daily high for a clear double top or a breakout setup. However, do pay attention to the 0.7140 minor resistance too. If NU again rejects the 0.7171 resistance zone, we could expect the market to pullback towards 0.7120 zone.
Trade safe.
Do follow my profile for daily fx forecast.
Trade safe.
Do follow my profile for daily fx forecast.
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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.