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New Zealand Dollar / U.S. Dollar
Short

NZDUSD NEXT MOVE POSSIBLE

By DCBFOREXTRADING
This NZD/USD 4-hour chart shows a recent Break of Structure (BOS) and indicates potential bearish momentum. After a liquidity sweep at the highs, the price is expected to retrace and head towards the demand zone around 0.6249–0.6210. A possible reversal and bullish reaction from this zone are anticipated. Traders might watch for price action signals around the demand area for potential entries.
Supply and Demand
DCBFOREXTRADING
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