nzdusd short
Updated
NZDUSD. This pair is facing some selling pressure around the 0.67 area indicating a potential sell. However i would suggest waiting for a close below 0.6 flat before considering a sell.Note
Price rejected our supplyzone perfectly well and is bound to begin its downward move.Note
consider scaling out at this point as price is facing some temporary resistance(support level) to the downside. We will be back to see of price acts if it breaks through the support.Note
*scale out with a trailing stop at 0.6
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.