After a recent low of around 0.6550, NzdUsd has started to recover and now is trading 100 pips above this newly formed support.
The trend for this pair si down and at this point, we can be in the middle of an ABC type correction.
Above 0.67 is strong resistance and traders can look to sell in that zone for a good R:R trade
The trend for this pair si down and at this point, we can be in the middle of an ABC type correction.
Above 0.67 is strong resistance and traders can look to sell in that zone for a good R:R trade
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.