NZDUSD Short
Hey Traders,
NZDUSD is on long trend, but on an interesting area, if the market is able to break this trend line resistance, then this analysis is obsolete, otherwise, if the market respects the trend and not able to close above the resistance trend then is good indicator to shorten/sell this pair; below are the trading levels you may consider if the market is able to respect the structure:
NZDUSD Sell at 0.65920
Stop Loss at 0.67100
Target area at 0.6425
Good luck and happy trading
NZDUSD is on long trend, but on an interesting area, if the market is able to break this trend line resistance, then this analysis is obsolete, otherwise, if the market respects the trend and not able to close above the resistance trend then is good indicator to shorten/sell this pair; below are the trading levels you may consider if the market is able to respect the structure:
NZDUSD Sell at 0.65920
Stop Loss at 0.67100
Target area at 0.6425
Good luck and happy trading
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