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Yuriy_Bishko
May 12, 2020 1:41 PM

NZDUSD is under the Support/Resistance Zone! Long

New Zealand Dollar/U.S. DollarFXCM

Description

As you can see at the daily NZDUSD chart the price is squeezing under the Support/Resistance Zone.
After such an accumulation, we can open the buy position above.
Waiting for the entry. I'll make an update if it will a nice chart pattern.

Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Comments
Yuriy_Bishko
Write your comments and questions...
Also, you can share your ideas here!
transparent-fx
this is what i have for this pair from a MTA analysis
nrmt2010
Nice Analysis Yuriy. Good Luck.
trinhminhtriet
I think it will be a raising wedge in down trend.
Yuriy_Bishko
@trinhminhtriet, thanks for your comment
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