Mihai_Iacob

NzdUsd- 0.71 is very strong resistance

Short
FX:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
I'm sure of a lot of you, and I included, was wondering when NzdUsd bull run will end...
And now it can be it.
After the first touch of 0.71 and a drop, Kiwi had a new attempt yesterday to rise above and reversed violently putting in a strong long-tailed reversal candle on our daily chart.
At this moment rallies should be well capped at 0.71 and possible corrections of yesterday's drop could be a good opportunity for bears.
A drop under 0.7 should accelerate losses and 0.68 could be a good place to book profits

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.