As expected, 0.6150, proved to be strong resistance for NzdUsd.
Overnight the pair dropped aggressively, breaking the trend line that maintained NzdUsd on an uptrend from the beginning of April.
I expect a big reversal for this trade and the first target for sellers can be 0.5850.
Only a daily close above 0.61 zone will negate this scenario
Overnight the pair dropped aggressively, breaking the trend line that maintained NzdUsd on an uptrend from the beginning of April.
I expect a big reversal for this trade and the first target for sellers can be 0.5850.
Only a daily close above 0.61 zone will negate this scenario
📈 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.