NZDUSD Breakout and Potential Retrace
Updated
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.59400 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area.
We would also like to consider the current bearish momentum on DXY and the easing inflation in the US.
Trade safe, Joe.
We would also like to consider the current bearish momentum on DXY and the easing inflation in the US.
Trade safe, Joe.
Trade active
NZDUSD is testing the retrace area!
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