Lingrid

Lingrid | NZDUSD divergence at RESISTANCE zone

Short
FX:NZDUSD   Dollaro neozelandese / Dollaro
The price perfectly fulfilled my last idea. The market is testing the resistance zone. NZDUSD lost momentum at this zone. Candles are getting smaller. The resistance zone was tested multiple times before, when the market was pushed lower several times. I expect a short-term pullback from this zone. Furthermore, we have a huge bearish divergence. This suggests that the market will pull back from this zone. My target is at the swing level at 0.61180


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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