LUNGU_FX

NZD/USD SHORT TERM FORCAST

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The pair has created a BEAUTIFUL w pattern on the 4 our time frame and with price previously rejeting the demand area we can call a short...for now, we also see that the market has broken the bearish trend, now a bullish move is soon to be expected. tp play it safe wait for the bull back to come to the 0.70439 and 0.70179 levels then look buy a buy signal in the smaller time frames.

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.