I have been watching NZDUSD for quit sometime and what I have been looking at in specific is the
Resistance or (Supply) Zone that it has been touching on our 4hr TF. I took the liberty to analyze the
DAILY TF as well to confirm my trend analysis. I like trading this pair in specific because of its respect to
Technicals and slow moving nature, as well as its respect to Divergence.
As you can see there is evident Divergence in the Relative Strength Index.
I also see strong Volume to the Downside coming to a possible +500 PIP movement.
Of course this is spectacle from my stand point. Feel free to comment your Bias and Opinions,
As I Can always learn other perspectives and cases.
Resistance or (Supply) Zone that it has been touching on our 4hr TF. I took the liberty to analyze the
DAILY TF as well to confirm my trend analysis. I like trading this pair in specific because of its respect to
Technicals and slow moving nature, as well as its respect to Divergence.
As you can see there is evident Divergence in the Relative Strength Index.
I also see strong Volume to the Downside coming to a possible +500 PIP movement.
Of course this is spectacle from my stand point. Feel free to comment your Bias and Opinions,
As I Can always learn other perspectives and cases.