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UnknownUnicorn18500526
May 15, 2022 4:38 PM

NZDUSD close to momentum - Sofi12z Long

New Zealand Dollar/U.S. DollarFXCM

Description

We are currently in a demand zone with enough volume to make an upward impulse, most indicators are oversold so this will allow us to have greater security in the operation, our objective would be 0.63697 from now on in the 1H chart because in There is an imbalance in that price range that should be easily filled as soon as we reach that goal (Supply Zone)

The risk of trading is quite low, so there should be no worries about it. The volatility of the asset currently hovers at 0.23x. So you can be calm and not expect precipitous changes in a short time.

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