As per the title, 
NZDUSD is consolidating a bigger correction to the upside at the moment, in a flat.
The pair should retrace all the way up to the 0.5 - 0.618 Fib levels of previous downward movement, to later draw another impulse to the downside.
We will monitor this pair closely and watch out for more sell setups, like for the previous downward movement, which gave us more than decent gains.
Updates on smaller time frames will follow.
Trade with care and only with a backtested strategy that works for your trading style.
Please don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Thank you for viewing.
NZDUSD is consolidating a bigger correction to the upside at the moment, in a flat. The pair should retrace all the way up to the 0.5 - 0.618 Fib levels of previous downward movement, to later draw another impulse to the downside.
We will monitor this pair closely and watch out for more sell setups, like for the previous downward movement, which gave us more than decent gains.
Updates on smaller time frames will follow.
Trade with care and only with a backtested strategy that works for your trading style.
Please don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Thank you for viewing.
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.
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.