A Brief Analysis of NZDUSD on the 1-Hour Chart
Aktualisiert
In this concise analysis, we explore NZDUSD on the 1-hour timeframe.
Interesting Setup:
"NZDUSD is looking very interesting on the 1-hour timeframe" suggests compelling developments on the chart that deserve attention.
Pullback and Fibonacci:
"Pullback is complete and respected the golden area (Fibs levels)" signals the end of a temporary price reversal, with the pullback respecting a significant Fibonacci retracement level.
Target Levels:
Two target levels are presented:
Target 1: 0.60380
Target 2: 0.60780
These levels serve as potential price points based on technical analysis
Interesting Setup:
"NZDUSD is looking very interesting on the 1-hour timeframe" suggests compelling developments on the chart that deserve attention.
Pullback and Fibonacci:
"Pullback is complete and respected the golden area (Fibs levels)" signals the end of a temporary price reversal, with the pullback respecting a significant Fibonacci retracement level.
Target Levels:
Two target levels are presented:
Target 1: 0.60380
Target 2: 0.60780
These levels serve as potential price points based on technical analysis
Trade geschlossen: Stop wurde erreicht
Got a little busy and not able to put a update on this trade.USD went heavily to the downside.
So my position got taken out break even..
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