NZDUSD Short Idea
Higher timeframes still suggests a strong bearish trend so we will continue to look for short positions off key levels
Current price action has rejected a major resistance level/Daily 38.2% fib level and is looking to head south
This daily bearish engulfing is a very good sign and is 1 confirmation of a large bearish move yet to come
Look to target toward the -27.2% daily fib level and monthly support around 0.6000-0.6045
Higher timeframes still suggests a strong bearish trend so we will continue to look for short positions off key levels
Current price action has rejected a major resistance level/Daily 38.2% fib level and is looking to head south
This daily bearish engulfing is a very good sign and is 1 confirmation of a large bearish move yet to come
Look to target toward the -27.2% daily fib level and monthly support around 0.6000-0.6045
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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.
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.