Keep On Shorting NZDUSD
NZDUSD has been in a stable downtrend for days. The currency pair has always broken off tentative recovery attempts after a short time. It can therefore be assumed that the downward trend will continue.
However, traders should wait for a pullback to the zone shown at 0.5975 before entering short again in order to optimize their RRR.
However, traders should wait for a pullback to the zone shown at 0.5975 before entering short again in order to optimize their RRR.
Order cancelled
The price missed our entry zone, but reached the TP. So we cancel this order.
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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.