NZDUSD about to bounce
NZDUSD is in a major uptrend.
It is currently in a pullback reaching even under the 200 MA.
It is approaching a major bullish order block so a bounce back to at least the first drawn out zone of bearish liquidity is expected.
Note
The stop loss got hit which is no problem since it's only ~ 8 pips.Looking for NZDUSD to make a recovery around 0.65600
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.
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.