NZD/USD short pullback
Updated
- Daily RSI shows an overbuy
- Bearish candlestick formation suggests a slight reversal
- Fibonacci retracement shows that price is testing a strong resistance level at 0%, even in a clear uptrend context.
We can expect a pullback and retest of the lower support 23.60%.
- Good luck
- Bearish candlestick formation suggests a slight reversal
- Fibonacci retracement shows that price is testing a strong resistance level at 0%, even in a clear uptrend context.
We can expect a pullback and retest of the lower support 23.60%.
- Good luck
Trade closed: stop reached
I'll think twice about my daily RSI confirmation
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