Nzdusd on daily timeframe
Hi, this is my opinion on NZDUSD. As you can see on chart , the trend is clearly bearish .
However, to minimize risk,it would be beneficial to observe the price behavior near 0/6000 level.
If the price only sweeps the liquidity and forms a doji candle, it presents a good opportunity to sell with a target around 0/5800, Another possibility is that the price retraces to 0/6120 (which is an important level in daily timeframe) and then continues its downward movement toward 0/5800.
However, to minimize risk,it would be beneficial to observe the price behavior near 0/6000 level.
If the price only sweeps the liquidity and forms a doji candle, it presents a good opportunity to sell with a target around 0/5800, Another possibility is that the price retraces to 0/6120 (which is an important level in daily timeframe) and then continues its downward movement toward 0/5800.
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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.