[NZDUSD W1 May 2021]
NZDUSD
Short Setup
Similar to EURUSD, we are in a corrective phase to the downside to form a Wave-2, which will most likely consists of an ABC corrective move. Wait for price to make a wave-B up then a possible short position may be taken to target 0.70600.
Short Setup
Similar to EURUSD, we are in a corrective phase to the downside to form a Wave-2, which will most likely consists of an ABC corrective move. Wait for price to make a wave-B up then a possible short position may be taken to target 0.70600.
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