As the upcoming week we are looking for strengthening of USD, we look for sell opportunities in NZDUSD. At the current price, we have a great opportunity to look for bearish formations. If we get the signal of bearish formation, we look to go short on NZDUSD till first target of 0.6940.
If the price crosses 0.6940 area, and if we missed the opportunity at first, we may look for entry at 0.6940 area with the target level at support 0.68180.
If the price crosses 0.6940 area, and if we missed the opportunity at first, we may look for entry at 0.6940 area with the target level at support 0.68180.