OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
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Analysis of #NZDUSD

Here we have this pair rallied back to challenge the structure level again, this time we could see a break, with US500 now above 3000 despite escalating geopolitical risks, and major economy like Japan reopening, pairs like NZDUSD , AUDUSD , will have some strength and we could see a shift in the market with life getting back to "normal", be careful trading

I will be extra cautious looking for more confirmation with each trade I will take an

⚠ Please note the ideas is valid only if it happened as I said above

Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌

Check today analysis below

Stay safe everyone
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
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Comments

I think the long one :D

Reply
TradingAxis Aqua_Trader
@Aqua_Trader, it did break to the upside and looking to get in a long trade
Reply
TradingAxis Aqua_Trader
@Aqua_Trader, thx for sharing
Reply
Are we selling or buying
Reply
TradingAxis nkosienkosi
@nkosienkosi, now its broke the structure we are looking fora buy
Reply
TradingAxis nkosienkosi
@nkosienkosi, did not want to say long or short as the structure been tested many times and felt week to me, that's why did not short this one
Reply
TradingAxis nkosienkosi
@nkosienkosi, thanks for the comment
Reply
then fall?
Reply
@iarrow, it did break out, thats why did flag this idea as short trade, as the structure been tested many times and got weaker with each test
+1 Reply
@iarrow, thx for the comment
+1 Reply
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