NZDUSD could be at heading to a strong support zone on the Daily timeframe, 2 key factors.
1. Price has been respecting the Trend line on D1, which has been forming since May 2020.
2. The green zone is a strong Demand zone from where the price has been seen to be bouncing off of on the sideways moment
3. NZD is on an uptrend with downward pressure on the USD
I...
GBPUSD could be at heading to a strong support zone on the Daily timeframe, 3 confluence points.
1. The channel has been forming from Sept 2020 and price has been respecting it on D1
2. The 50EMA further provides the confirmation of a strong support within this channel
3. GBP is on an uptrend with downward pressure on the USD
I will be looking for entry when...
