NZDUSD like NZDCAD in my earlier analysis had been on a downtrend as well with so much correlation and we can spot that they both are reacting from the same supply zone which gives us a stronger confluence for a sell at this point.
So that being said we have marked out our zone a we are looking to see the market fall from there to create a new lower low.
Cheers!!!
Under Cover Trading
Swing Trading Simplified
So that being said we have marked out our zone a we are looking to see the market fall from there to create a new lower low.
Cheers!!!
Under Cover Trading
Swing Trading Simplified
Trade closed manually
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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.