After analyzing all of the USD pairs, we plan to get short the NZDUSD with premium members as price action has broken out of the wedge and will like move to much lower levels ahead. Our levels of interest to the downside are 0.7176, 0.7073, and 0.6915 as our ultimate target. thecharttraders.com
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After price action has danced around a bit, sooner or later, we should see swift movement to the downside develop. Our preference in being long USD would be to be short NZDUSD.Note
The first 2 targets have been hit and now looking for the third level to be achieved to the downside at 0.6915.
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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.