NZDUSD Analysis March 13, 2022
On the weekly timeframe we can see that we have had a huge rejection of the 0.69000 level as expected. Last week closed bearish with very little wick to the downside. We are expecting further downside movement on this one. The next level of support is near the 0.67400 level.
On the H4 timeframe we can see that price just broke a level of support. We simply want to play this like a downtrend looking for entries on the LH points
On the H4 timeframe we can see that price just broke a level of support. We simply want to play this like a downtrend looking for entries on the LH points