NZDUSD ShortHey traders, in this week we are monitoring NZDUSD for a selling opportunity around 0.69 zone. Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Sellnzdusd
NZD/USD CHART 4HR SELL TRADEHi everyone this is my trade set up for the NZD/USD
This is my analysis only, please trade with caution and risk management in place
look for pullback to zones lined off on chart, then if it meets your criteria for a trade then execute
good luck for this weeks trading
please like and comment both are welcome thanks
Short NZDUSDPrice has continued it’s downward trend and is currently retracing.
Look for any opportunities to short when it touches trendline and precious resistance between 0.588 and and 0.59 area.
Price may retest the 50ma and make an impulsive move downwards.
Trade wisely & hustle folks.
Patience is 🔑
Sell NZDUSD from .67xxx to .64 areaSell NZDUSD
USDollar is on a temporary downtrend the second the government re-opens I expect the Dollar to come out of it's rut. They are not going to risk anyone losing food, or credit the US Government makes way too much money for that. New Zealand is powered by Milk prices, and produce which is still a limited market. Still a very good short entry as I see the price going to $.64 area.
NZDUSD - Sellers may continue with down trend from 0.6677Here we are on kiwi dollar daily chart and as we can see this market is in existing down trend and trend line also broken in the direction of this trend. we would wait for the pull back towards near by resistance area which is nearly at 0.6677-0.6719. We have good confluence factors here such as trend, price level and dynamic resistance layer. we will see how price action develops for confirmation. safe trading!