NZDUSD: CORRECTION MAY EXTEND

Details on chart.

Commentaire:

Please note that this is not a setup but a view, Risk/Reward considerations argue against taking a trade at current levels for the cautious. Firstly the price is too close to resistance to justify entering long. Second, the absence of a clear-cut bearish reversal signal suggests taking up the short side is premature so it's advisable to stay flat for the time being in my view.