NZDUSD : POSSIBLE DOWNTREND
The price has rallied to the crucial resistance 0.71512-0.72318. and there is the tendency of RSI to form a divergent pattern. Opening a short position there will be good as the risk to reward ratio is larger than 1:2.
TRADE IDEA :
SELL AT 0.71512-0.72318
SL : 0.72650
TP 1 : 0.69680
TP 2 : 0. 67020
TRADE IDEA :
SELL AT 0.71512-0.72318
SL : 0.72650
TP 1 : 0.69680
TP 2 : 0. 67020
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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.