New Zealand Dollar / U.S. Dollar
Long
Updated

1hr + 4hr Buy the Dip - Risk Reward 2.7

58
Seller zones have been breached and the mini trend is up towards the larger 4 hour seller.

Looking to Buy the Dip slightly lower than current price level areas as it should retrace some at current breach zone. Then go long to higher zone.


The NZ Election results will be finalised in the coming day or so which will re strengthen the currency. NZ has one of the strongest economies in the world and this is good value when you look at the daily and weekly charts.
Note
Success Trade Closed.

Buyers still look strong but wait and see what happens at this zone

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