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NZDUSD / H4 / Daily Forex Technical Analysis / 6.5.2019

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
FuturesForexClasses  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD h4 dailyanalysis Forex Technical Analysis forexsignals forextrading forextradingzones june2019
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trendanalysis harmonicpatterns chartpattern nzdusd h4 dailyanalysis forex technicalanalysis forexsignals forextrading forextradingzones june2019
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 5th, 2019 and we will be taking a look at the New Zealand Dollar against the U.S. Dollar. Looking at the 4 hour time were looking for price action to reach its previous zone of resistance near the .6646 area where we would look for an opportunity to short. Entry for a Short position near the .66461 area, with a Stop Loss near the .66869, and a target profit level area .65545 to possibly ensure a profitable trade with a 2.25 to 1 R/R.
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