NZDUSD,🔴CPI is coming...🔴(Details on caption)
Hello traders
As you can see the market maker sell model is forming on the NZDUSD 15 minutes chart and now we are on the second distribution phase. We looking for a mid-term high form in the premium, then the price goes down for the sell-side liquidity as a final target.
Simply put, the market structure shifted after touching the 4-hour bearish order block and we can expect the price to continue downtrend to sell-side liquidity.
In this scenario, I don't want the to price reach 0.61400 or higher.
💥Please pay attention: Today we have the CPI today and High volatility is expected💥
Nzdusddailysignal
NZDUSD Bullish for 0.6615 & 0.6760#nzdusd, pair forming higher high in daily and weekly time frame, 13th May Inside bar early indication for bullish reversal, while 16th Insurance bar confirmed strength ahead. suspect medium term bullish. NZD bearish extreme for five year net positions so expecting strength in nzd for medium term. stop loss below 0.6850.