NZDUSD Trade Idea
In yesterday's analysis, I expected NU to reject the 0.7440 resistance zone very strong, followed by a a strong bearish reversal, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities, with 0.7310 as the support zone. If the bullish rejection is strong, we could expect a strong bounce to re-visit yesterday's high at 0.7440 resistance zone.
The overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
The overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.