Dollar Néo-Zélandais / Dollar AméricainMis à jour NZDUSD Trade Idea
NU is currently having some corrective behaviour within a wide range. In today's session, I will be favouring short-term selling opportunities due to the lower high sequence. There are two scenarios that I am looking at
1. Bearish rotation violating 0.7171 support zone, be aware that price could find 0.7218 resistance level as a rejection zone (Bearish)
2. If we begin noticing price showing bullish sign breaking above the 0.7240 resistance zone, I will be looking for possible break & re-test setup (Bullish)
However, 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. Bearish rotation violating 0.7171 support zone, be aware that price could find 0.7218 resistance level as a rejection zone (Bearish)
2. If we begin noticing price showing bullish sign breaking above the 0.7240 resistance zone, I will be looking for possible break & re-test setup (Bullish)
However, 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
Friday's (22th Jan) 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.