JFD_Research

NZDUSD - 240 - Wait for a clear move. Short-term idea.

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Trade Alert

Very attractive area that NZDUSD is stuck in right now. But let's stay careful and wait for a close of this 4-hour candle, in order to see which path it could most likely take.
If the candle will remain belwo the 0.6900 hurdle, then there are more chances to see a slide a bit lower. That said, don't forget that this is just a short-term idea, mainly for today or tomorrow only.

Please see the chart for levels.

Don't forget your stop-loss.
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