After a very nice short from the top of the 4 hr channel, we made new lows.After price hit the 79.90 support was too strong and we caped off the end of the inverse HS on the 1hr chart. Looking to go long after we reach the original break out point around 81.2 and we get any signal.
After a nice period of consolidation, price broke out to the down side on a very tight DT. The PB showed weakness failing to reach the previous structure(consolidation box). Trade entry 1.748 w
Looking to go long in USD NZD we are reaching a support level that has not been touched since 2016, look for any buy signals at the RL and go long!