NZDUSD M15 Get Ready for Another Short
There is a consolidation movement on lower timeframe M15, which we could see a retracement to previous support become resistance area. If price could reject the area, we are seeing potential short opportunity to next support zone in same timeframe. I'm not keen to hold the short as there is potential reversal at next support zone to follow higher timeframe movement which is in bullish trend. Trade at your own risk.
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.