Nzdusdlong
NZD/USD Running In 300 Pips 0Drawdown , New Entry Added After D This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
⁉️ NZDUSD - Market AnalysisHello traders!
⁉️This is my analysis on NZDUSD .
Here we can see how price broke the market structure and started to form higher highs and higher lows, so I am looking for a long position if price retrace a little bit to fill the imbalances and to reject from bullish orderblock.
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NZDUSD BULLISH OUTLOOKNew Zealand's CPI rose to 7.3% from 6.9% in the first quarter. This prompts analysts to believe that RBNZ will raise the interest rate with more than anticipated in order to mitigate the roaring inflation.
This expectations will resume most likely till the RBNZ August meeting where the decision for the interest rate will be made.
Both MACD and RSI indicators are confirming this outlook. if it gets confirmed the pair might try to test its previous resistance level at 0.6365 If not, it might plumed back to its latest low of 0.60605
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NZDUSDNZDUSD is at a KEY Level (Bullish Order Block) where we are expecting a Bullish MM Reversal pattern. There may be a short move to go below the current low to raid the liquidity underneath the lows before we go up. This means that SL might need to be a bit bigger or be very clinical with entry in the lower timeframes (15min, 5min).
NZD/USD Giving Good Bullish P.A , 2 Scenarios After D Closure This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.