TF: 1 HR
Price looks to be testing a broken trend line. Looks like it might sell, NZD has been on a tear this week so i'm keeping that in mind. Current price is around the current 0.786 Fibonacci level, not ideal levels but it may prove to work.
Price looks to be testing a broken trend line. Looks like it might sell, NZD has been on a tear this week so i'm keeping that in mind. Current price is around the current 0.786 Fibonacci level, not ideal levels but it may prove to work.
Note
Did get a small rejection, but overall price traded back into the trend lineNote
Idea is invalidated
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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.