NzdUsd- medium term outlook

Friday was a "selling"day for NzdUsd with the pair dropping hard and "negating" 8 days of trading.
Now the pair is sitting on confluence support given by the trend line and horizontal support and a break here would expose 0.64 important support.
As in our short term analysis, rallies should be sold and from a swing trade perspective we can have a GREAT R:R of 1:3
Chart PatternsTechnical IndicatorsNZDUSDnzdusdanalysisnzdusddailynzdusdsellnzdusdshortnzdusdtradeTrend Analysis

Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Also on:

Related publications

Disclaimer