OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NU has been in a ranging condition between the 0.7250 - 0.7107 S&R zones, currently we have a 0.7657 minor support zone formed. In today's trading session, I will remain neutral bias. I will be using the 0.7157 minor S&R zone to guide my short-term directional bias as market can move either way. Avoid over-trading in a ranging condition.

The higher timeframe picture remains bullish.

Trade safe.

Do follow my profile for daily fx forecast & educational content.

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.