Counter-Trend Trade on NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
This week, while many counter-trend traders might be eyeing a short on NZDUSD due to a potential setup on the 4-hourly chart, I'm taking a different approach.

Why I'm Bullish:

1. The market retested the previous resistance without creating an RSI Divergence, which raises concerns for a strong bearish move.

2. I'm looking for a buying opportunity at 0.6153.

Share your thoughts and trade plans for NZDUSD. What's your approach this week?

Let's keep the conversation going!

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