NZDUSD something to wait on.
kiwi dollar has seen quite a bullish day today however if we move to a lower time frame its evident we've began to slow as we close in on the 0.64300 mark as indicated. A close above the 2 month high could result in sharp move to the upside. If not, a retest of the ascending trend line below is definitely something that we could steal a 50 pip short on. Will wait for candle closure and asses our options then.
Note
shorts activated. 20 pip stop - 50 pip TP.
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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.