NZDUSD SHORT

Von TradeAce
Aktualisiert
X marks the Spot.
For a Bullish Price Action, Kiwi has more UPside potential with Targets extending to the 0.74300 region.
I will be looking to enter a LONG position IF this current Support at 0.67000 holds.
1st Target at 0.69700
2nd Target at 0.70600
3rd Target at 0.74300

For a Bearish Price Action, I will be looking to open a SELL position on a break of this Support. Stops at 0.68000. Target at 0.64300

I am more Bearish on this pair than Bullish this Week.
Kommentar
We had a significant rejection of price from going lower by the BULLS. I expect this Demand zone to hold. I'll be flipping my bias to Bullish in the coming weeks. As long as 0.67000 holds, 1st Target at 0.69700. 2nd Target at 0.74350
Beyond Technical AnalysisliquidityliquiditypoolPOOLTrend Analysis

Haftungsausschluss