TradingView
Gold-Tech
Oct 9, 2023 10:21 AM

💱NZDUSD - A retest of 0.59852 could break the level  Long

New Zealand Dollar/U.S. DollarFXCM

Description

â‹…
NZDUSD is approaching resistance within consolidation. After a false breakdown a signal is formed that the level may be broken on retest. Target 0.60500

TA on high timeframe:
1) We do not see a fall after the support breakout
2) Buyers are holding back the price and may return to the global range
3) market is interested in 0.60500 area due to imbalance

TA on the low timeframe:
1) A retest of 0.60438 is forming
2) If the level is broken, an impulse may be formed.
3) I am waiting for the breakout and growth to 0.60500.

Key resistance📈: 0.59852
Key support📉: 0.59600

Trade closed: target reached

â‹…
Comments
Gold-Tech
â‹…
😎
SpartaBTC
â‹…
At the moment, everything is going according to plan. NZD/USD price rose slightly.
melikatrader94
â‹…
So far so good. Keep up the good work.
Hellena_Trade
â‹…
Thanks a lot for sharing your expertise!
ArmanShabanTrading
â‹…
outstanding.
Gold-Tech
â‹…
Hi! Do u agree with me? Share your opinion ;)
More