Hi traders:
Similar like my USDCAD 0.27% trade posted, we are seeing some daily pullbacks on the USD pairs. Here on the 4 hr 0.66% chart on NZDUSD 0.55% we are seeing a nice bearish momentum, breaking the support trend line . Now looking for a lower high to form to confirm the intraday trend change down to the 0.7330 area.
Thank you for your support and feedback.
Similar like my USDCAD 0.27% trade posted, we are seeing some daily pullbacks on the USD pairs. Here on the 4 hr 0.66% chart on NZDUSD 0.55% we are seeing a nice bearish momentum, breaking the support trend line . Now looking for a lower high to form to confirm the intraday trend change down to the 0.7330 area.
Thank you for your support and feedback.
Note
Here is the daily chart:Note
Trade closed: target reached
First TP hit for 1.5% profit.Trade closed: target reached
2nd TP hit for 3.51% profit.
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Related publications
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.