Daniel.Dalo

NZDUSD - Demand + divergence = good buying opportunity

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price is right now at demand and the RSI is building a nice divergence, meaning the bearish pressure is getting weaker and weaker, actually if we look at the last major swing low (which was the reaction from the supply level, price is struggling to get lower, so I expect a good reaction from this demand level.

Stop a few pips below the demand zone and target can be the highest close of this last major swing low or the supply zone above.

Good luck!
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