FinancialGamblR

NZDUSD Downside Expected If 0.68 Holds

Short
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
There's a massive daily and 4-hour confluence on this pair if price holds the 0.68 level throughout the night. Over on this chart, we see a reversal underway since the price rally has exhausted. This is also observable on the daily timeframe as a key level has been breached as well.
Comment:
Here's the daily price action:


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.