NZDUSD Trade Idea

193
In yesterday's forecast, I discussed about the possibility where price rejects 0.7241 minor resistance with further bearish continuation with 0.7195 as the initial target, which is exactly what the market performed. Currently will be looking for short-term buying opportunities if price clearly rejects 0.7171 key support zone with 0.7241 as the initial target. Be aware that there are many minor levels, avoid paying too much attention into them to reduce distractions. 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

NZDUSD Trade Idea

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.