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TheTradersAvenue
May 31, 2021 8:23 AM

NZDUSD > Expectation for A Possible Big Trade!! Short

NZD/USDOANDA

Description

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





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Check today analysis below⠀

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

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-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
Comments
Stargazer_fx
totally agree with the analysis
financialflagship
Quality content, thanks for sharing. 🔥🔥
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