TheTradersAvenue

NZDUSD > The Prefect Place to Look for A Buy Entry

Long
OANDA:NZDUSD   Neuseeländischer Dollar / US-Dollar
Analysis of #NZDUSD


Another Idea I am watching this week, is the NZDUSD, as you can see the market broke its structure support level and the worst performing pair on Friday, I expect the market to keep falling to test the lows where I think we will have a bullish reaction.

The last time the market was near this structure support level it did rally more than 400 pips, and the market as you know tends to remember, so keep an eye on this idea, it might come soon.



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