Malika_Analysis

Another push up on NZDUSD awaits...

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
This mark up is a follow up of my previous analysis on NZDUSD where price achieved our TP level. I am expecting some temporary bearish pullback momentum to retest that area of support that price broke through before we go long again to meet another significant zone of resistance.

Great Risk to Reward ratio,
SL at the red line and risk no more than 1%, do not be greedy! Always think about your risk exposure whenever you enter trade!

HAPPY TRADING :)

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.