NZDUSD H4 Analysis

١٣ أغسطس ٢٠٢٠

The NZDUSD chart is currently in a trend reversal and is heading to some bears. Furthermore, the recording of new COVID-19 infections in New Zealand, after around 120 days without any reported case, leads to the weakening of NZD pairs. Hence, the trade would be executed as follows:
NZDUSD
SELL: 0.65800
SL: 0.66300
TP1: 0.65300
TP2: 0.64800