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NZDUSD 30min Analysis December 15th, 2020

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Forex_League_Analysis  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis
4
0
trendanalysis
Price has broken below minor support and is consolidating around the 30min 200MA.

Trade Scenario 1: Bearish - We need to see price reject off the 30min 200MA and previous support zone around .7078 zone. Enter on bearish engulfing/variations

Trade Scenario 2: Bullish - We need to see price break back above .7080 then make a HL at or above this level. Enter on bearish engulfing/variations.
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