FX:NZDUSD   New Zealand Dollar / U.S. Dollar
A clean unmitigated 4H supply that I can for see price mitigating. We also have a key handle of 0.61000 and is the last unmitigated supply that caused the big break of structure to the downside. With liquidity building i can see buyers being wiped out once we tap into this POI. As its a big supply via pip and RR reasons i will be updating once we tap into this zone with hopefully a smaller time frame change of character and a smaller time frame entry to get a good RR of this zone.

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.