NZDUSD | Downtrend Short on Correction
Best case scenario would be for price to come back to weekly central pivot but it is moved down so quickly, that I don't think we are gonna get there. So look for a short position when price touches the 13/21 EMA instead.
Target would be the drawn Support zone which is also weekly S1 Pivot.
Target would be the drawn Support zone which is also weekly S1 Pivot.
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.