NzdUsd- will it finally correct?The combination of weak usd, strong Nzd brought NzdUsd well above 0.7.
The rise from 0.68 is in a rising wedge though, signaling the loss of power.
Yesterday we have a spike above 0.71, quickly reversed, and this time we can have a top in place, at least for short term
A break under short term support 0.7050) would be confirmation for incoming correction and NzdUsd could fall to the bottom of the pattern
Nzdusdtrade
NzdUsd- Correction is inevitable at this pointSince its 0.65 zone recent low, Kiwi had quite a run up with the pair gaining around 8% (which is a lot in terms of currency)
Now the pair looks tired with new highs marginal and making a rising wedge
I believe we will have a correction sooner rather than later and I'm looking to sell this pair
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Execution
Buy-Limit: 0,70080
Stop-Loss: 0,69895
Target 1: 0,70290
Target 2: 0,70380
Target 3: 0,70545
Stop-Loss: 18,5 pips
Risk: 0,5%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
just for education nzdusd analysisthis is just for education you can see this analysis only trend line can give you a good prediction of market
i want to say that if you use one system do not left this system until you not succeed in that so you can see only trend line is enough
i hope you like this (love you double)
NZDUSD facing very strong resistanceNzd was one of the biggest beneficiaries of USD weakness and NzdUsd made a new local high in this context.
Now the pair is facing a very strong resistance zone that extends to 0.7 psychological figure and I believe a drop will follow
I'm bearish this pair and I believe Kiwi will fall to 0.65 in the medium term
NZD/USD SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NZD/USD: Daytrade-Execution
Notice:
Pullbacktrade - Low risk please.
Based on volume and fundamentals I expect a pullback here.
Aggressive management as always!
Market-Sell-Order: 0,67870
Stop-Loss: 0,68140
Target 1: 0,67590
Target 2: 0,67305
Target 3: 0,67000
Stop-loss: 28 pips
Risk: 0,5%
Risk-Reward: 3,40
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)