Dollar New Zealand / Dollar ASDiupdate NZDUSD Trade Idea
In yesterday's analysis, I expected NU to again re-test the 0.7220 minor resistance zone for further bearish continuation opportunities, which is exactly what the market is performing now. In today's trading session, I will be favoring short-term selling opportunities as long as 0.7220 minor resistance zone remains intact with 0.7110 as the target. However, If we noticed further bullish pressure pushing price above the 0.7220 & 0.7244 resistance zones, that could send NU higher. I will link all the forecast in the comment section below, how I identified a head & shoulder pattern since 6th Jan, called out multiple selling opportunities on 14th & 27th Jan.
Do not forget the overall trend on the higher timeframe remains bullish, I'm only trying to capitalize on the short-term bearish sentiment in the market.
Flexibility is the key. Trade safe.
Do follow my profile for daily fx forecast & educational content.
Do not forget the overall trend on the higher timeframe remains bullish, I'm only trying to capitalize on the short-term bearish sentiment in the market.
Flexibility is the key. Trade safe.
Do follow my profile for daily fx forecast & educational content.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.