Hey traders,
NZDUSD reached a peculiar confluence zone:
we see a perfect match between 618 retracement of the last bearish leg
and 4H intraday structure resistance.
Forming a bearish engulfing candle, the price confirms the strength of the underlined area.
I expect a pullback.
Goals:
0.69
0.686
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Note
Check my new idea on EURGBP: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.