NZDUSD - Mid term idea
NU is showing good signs that we should see price come down. There is a very strong level of 69107 which we can see recently broke buy price couldn't stay up there (higher time frame) on the 1hr we can see a nice drawback from this bearish run so we have added a fib and this level is ever so slightly off the 50% fib so this gives us a nice place for a sell order with a Tight SL and nice profit.
Let's go
Let's go
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.
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.