NZDUSD has been bouncing off of the trendline on multiple times frames for a while now and we see a grave stone on the daily time frame which gives us more confluence of a push to the down side. We'll most likely see impulses to the downside any day during this week or next week.
So we can wait for the best entry setup on either 1H or 15m. Better still, you can set a sell stop 10 pips below the trendline and take profit anywhere close to 0.7000
So we can wait for the best entry setup on either 1H or 15m. Better still, you can set a sell stop 10 pips below the trendline and take profit anywhere close to 0.7000
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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.