TheTradersAvenue

NZDUSD > Strong Demand Zone for A Good Buy!!

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Analysis of #NZDUSD

Hi traders, today we will have a look at #NZDUSD


the NZDUSD as you can see here on the chart we have the market formed a beautiful demand zone and currently, the market may be coming down to test the support zone where the market previously valid more than 340 pips



if the market comes and tests my structure supports zone I will then drop to the lower time frame and look for a reversal pattern with confirmation the market is turning bullish getting in a trade if the rules for entry are met and if the risk to reward are in my favor

I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.