Next draw of liquidity: NzdUsd
0.58083 is a weekly POI that have been respected before. I'm anticipating price to retest that zone again this week, hence anticipating the news (Existing Home Sales) by 10:00 New York time to push price to my point of interest and rejection kicks in.
Therefore this weekly candle might close with a rejection of that zone and next week would be bearish till we clear this week low 0.56779
I'm anticipating price to also clear previous week low (the monthly low) 0.55164 by next month.
Kindly boost if you find this insightful 🫴
Therefore this weekly candle might close with a rejection of that zone and next week would be bearish till we clear this week low 0.56779
I'm anticipating price to also clear previous week low (the monthly low) 0.55164 by next month.
Kindly boost if you find this insightful 🫴
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𝐏𝐑𝐎𝐅𝐈𝐂𝐈𝐄𝐍𝐓 💯 𝐎𝐏𝐓𝐈𝐌𝐈𝐒𝐓𝐈𝐂 💎 𝐄𝐍𝐓𝐇𝐔𝐒𝐈𝐀𝐒𝐓𝐈𝐂 💡
I share my insights, analysis, and trade ideas to help others navigate the markets with a focus on SIMPLE TECHNICAL ANALYSIS !
Follow for more insights or reach out to learn.
I share my insights, analysis, and trade ideas to help others navigate the markets with a focus on SIMPLE TECHNICAL ANALYSIS !
Follow for more insights or reach out to learn.
Related publications
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.