The USD is one of the strongest currencies due to the stimulus package, therefore we have seen a significant move to the downside on NZD/USD. price is now playing in its weekly zone, we are looking for price to either brake this zone or see buy pressure and push price up back to our 4 hour zone where we will wait for entry confirmation to place a trade to the downside back to our weekly. we will be monitoring this one closely to see if our conditions are met.
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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.