Hey guys! Found a potential trading opportunity on NZDUSD! So price rebounded from trendline support, but 0.68842 is a pretty strong resistance on the Daily chart, so you may want to watch out for that.
Personally, I would go for a long AFTER it breaks through the 0.68842 resistance and go short if it breaks through trendline support and retests it.
Let me know what you guys think! :)
Personally, I would go for a long AFTER it breaks through the 0.68842 resistance and go short if it breaks through trendline support and retests it.
Let me know what you guys think! :)
Comment:
It just broke through the trendline guys! We may be looking at a nice double top pattern here! :)
