NZDUSD
Price got an aggressive move to the downside, now is correcting to fill the imbalance.
it can also retreace only to the 0.5 fib which is our 21 EMA then continuing the downtrend.
if multiple rejections will be presented at that level then this idea will be invalid until then 0.6341 is still final target.
it can also retreace only to the 0.5 fib which is our 21 EMA then continuing the downtrend.
if multiple rejections will be presented at that level then this idea will be invalid until then 0.6341 is still final target.
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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.