Nzdusd has arrived at a very important zone. Thus is a confluence of previous daily resistance and the bottom support turned resistance of a daily channel. These all argue a bearish case, but shld we sell?. An impulsive breakout of the LTF ascending trend line and the LTF key level around 0.64500 and 0.64380 shld provide entry confirmation for shorts.
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.