Forex_League_Analysis

NZDUSD 30min Analysis February 22nd, 2021

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
210 views
3
Price is currently consolidating at our supply zone . We previously had a strong rejection at this zone so we will take longs cautiously.

Trade Scenario 1: Bullish - For us to go long we want to see price find support at our structure zone of .7310. We will then look to enter long on strong bullish setups off this zone, first targeting key weekly at .7350

Trade Scenario 2: Bearish - For us to go short we need to see price fall below our key structure zone. We will then wait for a retrace and for .7310 to flip as resistance once again.

Comments

Good view, thanks for sharing
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out