Tradeciety

NZD/USD reversal in the making - key levels

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
504 0 15
The NZDUSD             could set up a short reversal this week. NZDUSD             made a new high today and then showed a pinbar, indicating a fakeout. There are some key price levels close to current price and market structure is ideal.

!!! However, it's too early to do anything just yet and there is also a higher market top at 0.73. Keep in mind, the key to the reversals is the break of the 20 SMA (purple) line. Until then, it's just a wait and see situation. !!!

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out