Probability-Driven NZDUSD Long: 54% Chance of Reaching Target
I'm sharing a bullish trade idea for NZDUSD, supported by several key fundamentals. The U.S. dollar is weakening due to expectations of interest rate cuts by the Federal Reserve, which is beneficial for the New Zealand dollar.
Additionally, New Zealand's economy is showing resilience, especially with favorable trade balance data and stable commodity prices, particularly in dairy exports.
To find the best entry points for my long positions, I will use my X1X2 strategy, which focuses on identifying high-probability trade setups. This strategy involves analyzing recent price swings where the probability of a successful trade is over 54%.
12M:
1W:
6H:
Short-term 6H is holding bullish, aligning with our 1W bias.
Additionally, New Zealand's economy is showing resilience, especially with favorable trade balance data and stable commodity prices, particularly in dairy exports.
To find the best entry points for my long positions, I will use my X1X2 strategy, which focuses on identifying high-probability trade setups. This strategy involves analyzing recent price swings where the probability of a successful trade is over 54%.
12M:
1W:
6H:
Short-term 6H is holding bullish, aligning with our 1W bias.
Trade chiuso: obiettivo raggiunto
TP1 hit!
Holding the other 50% to the second TP level.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.