NZDUSD back in support zone, possibility of a pullback
Hello traders, in my previous NZD/USD idea, I advised selling NZDUSD@0.7301-0.7320.
If you followed that idea, you have certainly made close to 180+ pips profit.
(previous idea attached below for your reference)
Currently, NZD/USD is back in a support zone and although I am not so bullish on this pair, I still think
there is moderate chance for a pullback to the 0.72 level.
So, if there is some bullish price action in the support zone, buying NZDUSD@0.7115-0.7125 with SL below
0.7090 and TP at 0.7210 would be a possible short-term buy signal.
If you followed that idea, you have certainly made close to 180+ pips profit.
(previous idea attached below for your reference)
Currently, NZD/USD is back in a support zone and although I am not so bullish on this pair, I still think
there is moderate chance for a pullback to the 0.72 level.
So, if there is some bullish price action in the support zone, buying NZDUSD@0.7115-0.7125 with SL below
0.7090 and TP at 0.7210 would be a possible short-term buy signal.