FX:NZDUSD   New Zealand Dollar / U.S. Dollar
On the daily time frame the inherent market bias is a downtrend with the 4h time frame in consolidation . In the 1 hour time frame we can see that price has rejected this level multiple times as illustrated by the red markers. therefore i would be looking for a short position. For confirmation the 9EMA is about to intersect the 20EMA

Like and comment for TP to hit
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.