NZD/USD: Analyze weekly chart ideas 11 - 15/05/2020
- Trend : Bearish
- Resistance 0.61800 ; 0.64440 & Support 0.59000; 0.546000.
- signal : We see a volatile area. I have a large square where the resistance zone is 0.61800
- Current Notes: : The trend is down while the price is still below the resistance zone of 0.61800
- Commercial idea:: We will consider short selling after the price rebounds but is still below the level of 0.61800 and after another bearish signal to determine the target to drop to 0.5900.
=> You should pay attention to risk management after having entered the order.
- Resistance 0.61800 ; 0.64440 & Support 0.59000; 0.546000.
- signal : We see a volatile area. I have a large square where the resistance zone is 0.61800
- Current Notes: : The trend is down while the price is still below the resistance zone of 0.61800
- Commercial idea:: We will consider short selling after the price rebounds but is still below the level of 0.61800 and after another bearish signal to determine the target to drop to 0.5900.
=> You should pay attention to risk management after having entered the order.
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.