A choppy NZDUSD pair

38
The market fulfilled our analysis but did not get to the target area because the BULLS could not push it beyond the previous resistance area. Courtesy of the previous economic news, the price fell back down towards the support level thus creating a double bottom. I think the market might get back and possibly break the resistance level.

NB: This is not a financial advice. Use wise risk management.

If you found this content valuable, kindly leave a boost and your opinions in the comment section.
Happy Weekend fam.

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.