Strifor || NZDUSD-30/04/2024
Updated
Preferred direction: BUY
Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar. In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857. We are considering two options for the development of events. The most likely scenario is №1, and scenario №2 is an entry within the framework of a false breakout.
The best probable option is to consider entry after the Fed meeting.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar. In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857. We are considering two options for the development of events. The most likely scenario is №1, and scenario №2 is an entry within the framework of a false breakout.
The best probable option is to consider entry after the Fed meeting.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Trade active
Trade active
⚡️New ideas for USDCAD, USDCHF and EURAUD⚡️
Trade active
⚡️New ideas for USDCAD, USDCHF and USDJPY⚡️
Trade closed: target reached
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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.