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?