Get started
FuturesForexClasses

NZDUSD / H1 / Daily Forex Technical Analysis / 9.12.2019

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
FuturesForexClasses  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD nzdusdlong dailyanalysis priceactionanalysis Technical Analysis Forex september2019 forexsignals h1
8
0
trendanalysis harmonicpatterns chartpattern nzdusd nzdusdlong dailyanalysis priceactionanalysis technicalanalysis forex september2019 forexsignals h1
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 12th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 1 hour time frame we are looking for price action to possibly pullback into the .639 area and retest this area of resistance. If we do get a pull back and price action doesn't S/R flip and turn bearish we will be looking for an optimal entry long. Entry for a Long position near the .63862 area, with a Stop Loss near the .63691, and target profit level area of .64396 to possibly ensure a profitable trade with a 3.12 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
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.