NZDUSD Trade Idea
In yesterday's analysis, I discussed about the current price area as a potential double bottom setup. In today's trading session, I will remain neutral bias. Two scenarios that I am looking at
1. If there's any strong bullish rejection off the current 0.7105 support zone, that could lead to a bullish reversal upwards (Bullish)
2. If the current 0.7105 support zone is violated, that could expose 0.7018 as the next support zone (Bearish)
The higher timeframe picture remains bullish. Be flexible.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. If there's any strong bullish rejection off the current 0.7105 support zone, that could lead to a bullish reversal upwards (Bullish)
2. If the current 0.7105 support zone is violated, that could expose 0.7018 as the next support zone (Bearish)
The higher timeframe picture remains bullish. Be flexible.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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.
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.