NZDUSD Range Top Holds Strong, Sellers Step In
NZDUSD is showing repeated rejection from a strong resistance zone around 0.5920, confirming this area as a key supply level.
Price has tested this zone multiple times and failed to break higher, suggesting weakening bullish momentum.
Following the latest rejection, price is starting to rotate lower, indicating a potential bearish move from the range high.
Main Targets:
0.5853
0.5824
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
NZDUSD is showing repeated rejection from a strong resistance zone around 0.5920, confirming this area as a key supply level.
Price has tested this zone multiple times and failed to break higher, suggesting weakening bullish momentum.
Following the latest rejection, price is starting to rotate lower, indicating a potential bearish move from the range high.
Main Targets:
0.5853
0.5824
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Trade active
Note
Target almost reached but it should go down more today
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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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.