NZDUSD Trade Idea

415
NU has recently broken below the 0.7010 support zone that I've mentioned in the previous analysis. In today's trading session, I will be focusing on short-term buying opportunities due to the extreme oversold condition. Avoid chasing the sells during such an over-stretched condition due to unreasonable risk-to-rewards. I am anticipating some short-term bullish bounce above the 0.7010 S&R zone

Trade safe and be flexible.

Do follow my profile for daily fx forecast & educational content.

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.