NZDUSD SHORT SETUP
CURRENTLY THE MARKET IS MAKING A NEW LOW
WAIT FOR RETRACEMENT BACK UP TO 0.72000 TO GO SHORT @ ST RESISTANCE
WAIT FOR RETRACEMENT BACK UP TO 0.72000 TO GO SHORT @ ST RESISTANCE
Note
The pair coming back up to 0.72000 and ST resistance zoneST resistance still valid for short location but there is always a possibility that it could break the zone since it is ST intraday resistance
ST resistance isn't clear in higher time frames
Note
The market still trading below ST resistance @ 0.72000 but I don't see strong momentum moves from both sides of the marketDownward correcive
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Related publications
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.