sdtrader

NZDUSD, Supply Level

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Having reacted to a previous turn/supply level indicated by the red rectangle, prices fell hard from the area last friday.

There might be an opportunity for another short in that area to take advantage of heavy supply as prices climb back into the zone.

Related Ideas

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.