Hello everyone,
Seildev here for another brief Analysis on NZD/USD:
- Respected daily resistance from 7th/Nov/2016
- Weekly resistance at 0.7300 since 20th/June/2016
- 0.7300 Psychological number
- Nice doji candle forming at daily
For aggresive approach
- Area of interest to short around 0.7265
For conservative approach
- Area of interest to short after daily close below 0.718
Will be monitoring tonight to see where the daily candle closes.
Once 0.7328 is broken, all ideas above are invalid and will look for upward trend
Safe trading everyone.
Seildev here for another brief Analysis on NZD/USD:
- Respected daily resistance from 7th/Nov/2016
- Weekly resistance at 0.7300 since 20th/June/2016
- 0.7300 Psychological number
- Nice doji candle forming at daily
For aggresive approach
- Area of interest to short around 0.7265
For conservative approach
- Area of interest to short after daily close below 0.718
Will be monitoring tonight to see where the daily candle closes.
Once 0.7328 is broken, all ideas above are invalid and will look for upward trend
Safe trading everyone.
Trade active
Note
Waiting for 2nd pull back to 0.7311 to put on another size for shot. Will be monitoring this pair closely this eveningDisclaimer
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.