DeGRAM | NZDUSD pullback trading

633
NZDUSD is trading in the descending channel.

Price pulled back from the support level. There's a confluence level where resistance level 50% fibo perfectly lines up with it.

We expect the bearish trend to continue at the channel border.


-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

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.