NZDUSD Trade Idea
In yesterday's analysis, I expected NU to have an upwards breakout of the falling wedge pattern, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities. Two scenarios that I am looking at
1. If buyers steps in, I will be looking for potential break & re-test setup at the 0.7183 S&R zone (Bullish)
2. If we notice what sudden bearish momentum, that could send NU back to 0.7110 support zone (5th March low)
The higher timeframe picture remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
1. If buyers steps in, I will be looking for potential break & re-test setup at the 0.7183 S&R zone (Bullish)
2. If we notice what sudden bearish momentum, that could send NU back to 0.7110 support zone (5th March low)
The higher timeframe picture remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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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.