AssociatedMarkets

NZDUSD MULTITIMEFRAME ANALYSIS

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello Traders,

Price on NZDUSD Weekly Timeframe is approaching an important Resistance area to continue to sell trend. Our intention is to continue selling NZDUSD using Lower Timeframes.

If all our entry rules are met we will be taking a SELL Entry from 1H timeframe.

BIAS: SELL (If our entry rules are met)

Timeframes for high precision entry: 60

Follow for Free Entry Signals on this trade and others from Professional Traders.

IMPORTANT: Risk Management is integral in trading. Please make sure you're using safe risk management principles for your account for all trades.
Order cancelled:
Even though Price reached are Area of Interest (AOI), our entry rules have not been met.

Rather our Trade Cancellation rules have been met. So with the current market state, we have decided to temporarily take the Sell Bias for NZDUSD Off our watchlist.

We will update with a new analysis on NZDUSD

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