NZDUSD Trade Idea

١٩ يناير ٢٠٢١

In yesterday's forecast, I expected NU to have a deeper pullback to have a potential bearish continuation setup, which is exactly what the market is performing now. Currently looking for short-term selling opportunities, a deeper pullback to re-test the 0.7167 minor resistance zone with 0.7094 support zone as the target. The current market condition of NU is like a ladder, avoid having unrealistic target, utilizing Fib levels to guide your entries and exits is a great way. However, do not forget the overall trend on the higher timeframe remains bullish.

Trade safe.

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١٩ يناير ٢٠٢١

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