waL_baLLa

nzD/UsD 1 h FRamE(Sell)

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
6
The NZD/USD pair is approaching major resistance at 0.7044 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance) and we expect that the price will drop from this level towards 0.6951 support (Fibonacci retracement, horizontal support). Stochastic (21,5,3) is seeing resistance at 93%. Sell below 0.7044. Set top loss at 0.7089 and take profit at 0.6951.
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.