NzdUsd Trade Idea

95
NU is another pair that is bullish but broke back below a high with smaller time frames shifting. If price can pullback and successfully retest at the last HL then price would confirm the shift of structure where shorts are possible. Another set up with a 1:3rr if all goes well. We'll see what happens. Price could push back above the last HL before heading back up to the upside.

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.