NZDUSD Short Position (1Hr Timeframe)

Short

New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)

FX_IDC:NZDUSD New Zealand Dollar / U.S. Dollar

NZDUSD NZD USD short trader student shortsetup

nzdusd nzd usd short trader student shortsetup

- Potential short as trend retests resistance and should make way towards area of support within the channel
- Be wary of potential retest of blue area of support
- wait for Moving average crossover or bearish candlestick pattern in the 4hr timeframe before taking the position

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.