Very good setup to short. Entry at 87.92 might go up a bit past the 111 fib but won't take SL. This is not financial advice, trade at your own risk.
If you missed the first rejection for entry then you can hop on this, price is set to reject 116.142 then take the previous low. Price might go back to .50 FIB before selling long term after taking low @115.620.... All this is invalid if the last high is taken out. This is not financial advice trade at your own risk
One last push to 115.100-140, then we'll be selling long term. Tomorrow we have NFP news, price might wick to entry price then sell. Expecting bad news for USD which will work in our favor. This is just my analysis, not financial advice trade at your own risk.
Everything's on the chart. one last push to the 141.4 fib level
0.70070 is a really strong resistance area, I believe that it will go down from there...Also, DXY is still bullish. After breaking out of the trend, NZDUSD needs one last pump to gain liquidity for a heavy bearish continuation, it might seem like a false breakout to many that went go long on it, but it's really not, it will melt like mustard. Ps. if you're...