Hello Sophisticated Traders,
The pairs have been doing a bit of sideways action over the summer. This action can be expected as we head into US elections. However, the charts are showing a buy signal for $NZDUSD on the 4hr and Daily chart for a potential test to the top of the range, If we have a sustained break and hold above .6550. However, if resistance hold then a sell for the bottom should be expected.
If you like this trading idea like, share, and follow.
Dr. Lydia Smith
The pairs have been doing a bit of sideways action over the summer. This action can be expected as we head into US elections. However, the charts are showing a buy signal for $NZDUSD on the 4hr and Daily chart for a potential test to the top of the range, If we have a sustained break and hold above .6550. However, if resistance hold then a sell for the bottom should be expected.
If you like this trading idea like, share, and follow.
Dr. Lydia Smith
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Telegram: https//t.me/sophisticatedtraderchat
Website: sophisticatedtrader.com/
Facebook: www.facebook.com/Sophistictrader
Instagram: www.instagram.com/sophistictrader/