FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Probably going to stay out of the markets this week due to hectic fundamentals. I was long on NU last week and closed my trade just shy of my target.

Price currently at a point where to me It looks like it could go either way. Currently dropped back to test .73400 but still riding MA's as support.

We could break support and drop to .73 or have a little fakeout of this level and go back up to test .74

I have no bias on this market at the moment and will not be taking any trades as of yet.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.