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NZDUSD / H4 / Daily Forex Technical Analysis / 7.17.2019

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 h4 Forex dailyanalysis Technical Analysis forexsignals forextrading july2019
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trendanalysis harmonicpatterns chartpattern nzdusd nzdusdlong h4 forex dailyanalysis technicalanalysis forexsignals forextrading july2019
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 17th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 4 hour time frame we are looking for price action to cool off a bit and possibly retrace with a minor pullback to set up a long trade that yields a greater R/R. If price action can pullback into the .665 support and resistance area, and find some good support in that region to continue upwards we will be looking for a profitable long entry. Entry for a Long position near the .66549 area, with a Stop Loss near the .66291, and a profit level area of .67299 to ensure a profitable trade with a 2.91 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!
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