NZD/USD Both Entries Running In 180 Pips , New Entry Added This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Nzdudshort
NZDUSD - Hopefully a clear direction will established next week.This pair has been on a Bullish run of late but is now approaching strong resistance around 0.73300.
A range box can be drawn from the lows of 26/01 and the highs of 31/01. A breakout strategy may be favourable in this setup.
Waiting for a kumo cloud crossover to show is a necessity before entering short.
If the price fails to break through 0.74000 and therefore failing to create a new Higher high, we can expect Lower lows to form