NZDUSD - Build-up for potential False Break
I believe the Buyers have been a little too aggressive, and will be set up in a trap for a false break around level 0,6950
I expect a initial breakout of the level, but to in the coming days start selling off below the level again.
My entry on the false break will be at the 0,6945ish zone with a tight SL just above.
Target will be all the way down at 0,6600 zone
I expect a initial breakout of the level, but to in the coming days start selling off below the level again.
My entry on the false break will be at the 0,6945ish zone with a tight SL just above.
Target will be all the way down at 0,6600 zone
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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.