NZDUSD
Pair is exactly at the strong monthly resistance line which it reached after 3 weeks of uptrend. We expect the price to fall from here to the previous strong resistance (now support) which is exactly at 0.5 fibonacci retracement.
This will be nice RR trade, 1:5 at least.
If you like thos idea, please LIKE it, comment and share it. Thanks.
This will be nice RR trade, 1:5 at least.
If you like thos idea, please LIKE it, comment and share it. Thanks.
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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.