Dollar Néo-Zélandais / Dollar AméricainMis à jour NZDUSD Trade Idea
In the previous analysis. I expected NU to again reject the 0.7250 resistance zone to re-test the 0.7182 minor support zone, which was exactly what the market performed. In today's trading session, I will remain neutral bias. There are two setups that I am looking at
1. Be aware that we are currently forming higher lows, I expect market to create another push to re-test 0.7180 support zone before further bullish continuation with 0.7250 & 0.73 resistance zones as target. There are clusters of SL beneath 0.7180 level, price could have a deeper drop to create a probe then push higher as well (Bullish)
2. If you're looking for short-term selling opportunities, make sure to wait for a clear violation of 0.7180 support zone, that could expose 0.7114 support zone (Bearish)
Do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. Be aware that we are currently forming higher lows, I expect market to create another push to re-test 0.7180 support zone before further bullish continuation with 0.7250 & 0.73 resistance zones as target. There are clusters of SL beneath 0.7180 level, price could have a deeper drop to create a probe then push higher as well (Bullish)
2. If you're looking for short-term selling opportunities, make sure to wait for a clear violation of 0.7180 support zone, that could expose 0.7114 support zone (Bearish)
Do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Note
Previous analysis
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.