FenzoFx—NZD/USD broke above the 0.597 immediate resistance, signaling a market structure shift. We expect the uptick in momentum to resume toward the middle line of the bullish channel.
However, for a low-risk entry, waiting for the price to near the FVG at 0.595 is recommended.
However, for a low-risk entry, waiting for the price to near the FVG at 0.595 is recommended.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.