NZDUSD: Confluence Zone & Pullback 🇳🇿🇺🇸

Short

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

Updated

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

Support and Resistance Fibonacci Candlestick Analysis NZDUSD DJ FXCM Index USD dollar forecast

supportandresistance fibonacci candlestick nzdusd usdollar usd dollar forecast

snapshot

Hey traders,

NZDUSD reached a peculiar confluence zone:
we see a perfect match between 618 retracement of the last bearish leg
and 4H intraday structure resistance.

Forming a bearish engulfing candle, the price confirms the strength of the underlined area.
I expect a pullback.

Goals:
0.69
0.686

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Comment:

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