Last week NZD/USD
got stomped out at daily resistance very quickly making a move to the downside. Price is looking to retest area of sensitivity around 0.63254 establishing previous resistance into support before the bulls take charge sending price to the upside. Looking for confirmation before entry such as bullish engulfing
candle or pin bar
signify that bulls are in charge
My analysis are for educational purposes. Analysis are not signals, trade at your won risk!