[NZDUSD] PULLBACK?
Good morning Traders!
From the technical point of view the pair could develop a corrective structure in short term. That said, the trend remains bullish at the moment, so we have to wait for the first signal (wave A formation) and we can try to take a short position on the technical rebound (wave B) with stop loss above the top. The corrective structure could also take the form of Heads and Shoulders, we'll see.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
From the technical point of view the pair could develop a corrective structure in short term. That said, the trend remains bullish at the moment, so we have to wait for the first signal (wave A formation) and we can try to take a short position on the technical rebound (wave B) with stop loss above the top. The corrective structure could also take the form of Heads and Shoulders, we'll see.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
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