NZD/USD Price actions looks bearish on the hourly chart
NZD/USD price action is looking a little bearish on the hourly chart.
Price is unable to break out of the supply zone.
At the same time, we can see the formation of bearish candlesticks
on the supply zone. A strong break below 0.6645 level with a bearish
impulse will confirm the drop.
Possible targets would be 0.66 and 0.6550
Price is unable to break out of the supply zone.
At the same time, we can see the formation of bearish candlesticks
on the supply zone. A strong break below 0.6645 level with a bearish
impulse will confirm the drop.
Possible targets would be 0.66 and 0.6550
Trade closed: target reached
100 pips profit
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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.