NZDUSD update!!! Price Is at Minor Resistance
After our analysis and entry on hour 4 , we hit around 70 pips on the buy and 22 pips on the pullback sell.
Now price has moved up to the minor resistance area again and we are bias toward a breakthrough of this area due to analysis on the daily chart.
The Daily Chart with Full Stochastics has left the Oversold Area, Above the Middle Bollinger Band Line, and other indicators suggest we will break the area!
Now price has moved up to the minor resistance area again and we are bias toward a breakthrough of this area due to analysis on the daily chart.
The Daily Chart with Full Stochastics has left the Oversold Area, Above the Middle Bollinger Band Line, and other indicators suggest we will break the area!
Kommentar:
A smaller pullback could happen again at this area. If you look closely, we already had 1 pullback to the area which I sold and got 22 pips. Pullbacks can happen again until the area is broken