TheTradersAvenue

NZDUSD > Expectation for A Possible Big Trade!!

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Analysis on #NZDUSD

Hello friends.

looking at this chart everything telling me to short this market for a potential dollar strengthening and shift in the trend, as you can see whenever the market move to try and closes above 0.7300, it is faced with rejection and pushed back to closes below this level.

I will drop to the lower time frame looking for a possible setup to sell this market as I have a good place to hide my stop above 0.7300.

be careful when trading the dollar, you know most of the moves recently were fake and got reversed quickly





if this setup delivered value to you, like and comment
Check today analysis below⠀

>>It’s not what we do once in a while that shapes our lives. It’s what we do consistently.

____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you

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.