NZD/USD SHORT
- Resistance zone found at 0.65190 & 0.65352 then further at 0.65812.
- 3 points of contact found at support level between 0.63839 & 0.63964. Indicating price could make the third contact at resistance then drop to further support
- Above price on moving average
- Retracement back to the daily trendline then we will be met with heavy support
- Green lines being strong goals for TPs if candles give pivot point confimation
All indications must be met and confirmed before entering trade.
- 3 points of contact found at support level between 0.63839 & 0.63964. Indicating price could make the third contact at resistance then drop to further support
- Above price on moving average
- Retracement back to the daily trendline then we will be met with heavy support
- Green lines being strong goals for TPs if candles give pivot point confimation
All indications must be met and confirmed before entering trade.
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