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Lingrid
Sep 20, 2022 7:42 AM

NZDUSD long from main support  Long

New Zealand Dollar/U.S. DollarFXCM

Description

The price perfectly fulfills my last idea and it fell from resistance. The market is testing the support, I expect a pullback from the main support level at 0.59230 if price rolls back to it, because the market is oversold and it shows double bottom with divergence . My target is resistance at 0.60270.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
Lingrid
Rate the idea, what do you think? Share your opinion! 🤠
FOREXN1
@Lingrid, Interesting analysis , Thanks for sharing !
Michael_Winner
Love this analysis! Thanks for sharing your nzd idea
TheSignalyst
also expecting weaker DXY nice one Lingrid
P_S_trade
Thanks for sharing your opinion
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