Hello traders! At this moment NZDUSD
had a strong rejection
from the top of the daily channel - 0.745 level. There was previous resistance
. You need to remember that NZDUSD
is in a corrective structure
right now. The correction may be over. Short term target will be inside the channel. We need to see how the price will break the support
for more downside. Wait for a corrective structure before you enter the trade. Be patient and wait to see how price action
develops. Don't jump into the first red candle. We need a STRONG breakout of this structure to confirm the short opportunity. Follow me for future updates. TRADE WITH NO EMOTIONS!