NZDUSD Sell Opportunity


NZDUSD has been moving up for quite some time but yesterday we saw support get broken and price has made a lower low, This means something has changed and the bulls are probably gonna take their money and run whereas bears are smiling right now waiting for price to pull up and drop it like its hot. As a bear i am waiting for the role reversal to go short NZDUSD. One should also note that we have reached our weekly target of WM1 and with this being said one should tread carefully and make sure they are watching price action on smaller time frames before going short


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.