NZDUSD Trade Idea
NU has recently broken below the 0.7015 support zone with some extremely strong bearish momentum. In today's analysis, I will remain neutral bias due to the current over-extended condition. I will pay attention to the 0.7015 area as a potential rejection for further bearish continuation setup towards the 0.68 support zone. Avoid chasing the sells if the price just keeps grinding lower.
Trade safe and be flexible.
Do follow my profile for daily fx forecast & educational content.
Trade safe and be flexible.
Do follow my profile for daily fx forecast & educational content.
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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.
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.