NZDUSD - BUY
Hi all,
Price had broken away nicely from its small range and created some room.
I'm waiting for price to retrace back to its breakout point which was previous resistance now support.
This lines up nicely with the 38.2% retracement too.
I will bid just before the breakout.
TP is at an area i expect price to struggle on its way back up.
Price had broken away nicely from its small range and created some room.
I'm waiting for price to retrace back to its breakout point which was previous resistance now support.
This lines up nicely with the 38.2% retracement too.
I will bid just before the breakout.
TP is at an area i expect price to struggle on its way back up.
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.