NZDUSD Short Position (1Hr Timeframe)
-Although the pair has a long bias in the daily & weekly
- Head & shoulders formation and area of resistance within the channel signal bearish move
- potential move towards 61.80% fib retracement
- Moving average looking to cross in the hourly
- Head & shoulders formation and area of resistance within the channel signal bearish move
- potential move towards 61.80% fib retracement
- Moving average looking to cross in the hourly
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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.