NZDUSD - Intraday - We look to Sell a break of 0.6858 (stop at 0.6877)
With signals for sentiment at overbought extremes, the rally could not be extended.
Rallies should be capped by yesterday's high.
Trend line support is located at 0.6805.
A higher correction is expected.
The trend of higher lows is located at 0.6805.
We look for a temporary move lower.
Our profit targets will be 0.6806 and 0.6777
Resistance: 0.6880 / 0.6900 / 0.6920
Support: 0.6860 / 0.6820 / 0.6800
With signals for sentiment at overbought extremes, the rally could not be extended.
Rallies should be capped by yesterday's high.
Trend line support is located at 0.6805.
A higher correction is expected.
The trend of higher lows is located at 0.6805.
We look for a temporary move lower.
Our profit targets will be 0.6806 and 0.6777
Resistance: 0.6880 / 0.6900 / 0.6920
Support: 0.6860 / 0.6820 / 0.6800
Trade active
Trade closed: stop reached
Stop loss has been hit
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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.
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.