NZDUSD Daily Chart
Updated
As we see, price is at a support and resistance zone, there is a bearish rejection candlestick printed at the zone, and a complete ABC correction. therefore I am expecting price to go short or retrace to Fib level 50 and/ 61.8 of the ABC correction.
Trade closed: stop reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.