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Nzdusdpa

NZDUSD - Sellers are looking exhausted on 0.7200...Here we are on Kiwi/Dollar daily chart and as we can see this market has recently rise higher aggressively and now pulled back towards BRN (big roung number) level which is 0.7200 and on last daily (Thursday) session closing market had printed long tailed pin bar buy signal along with the confluence of bullish trend, 50 ema dynamic support, very big round number and long tail pin bar signal itself. we are getting longs from here. Let's see how market unfolds from here. safe trading!
Long
by HashamARehman
2
KIWI/DOLLAR is pulling back towards continuation level 0.6885.As we can see Kiwi/Dollar on daily chart is in bearish bias and now market is pulling back once again toward near term daily resistance level 0.6885 which may lead price to continue its main dominant trend which is bearish. We would wait for price to react on this level and look for sell signal there. We have good confluence factors lining up here with this trading scenario such as bearish trend, near term daily level, 20 ema just above the price and Fibonacci retracement level 50-60%. good trading!
by HashamARehman
2