NZDUSD: Still on Bearish market condition

Even though today we must be careful because of the FED’s Interest Rate announcement, the NZDUSD is still in a bearish market condition, and it will continue to be bearish as long as the market continues to trade below 0.7225:

NZDUSD
NZDUSD

Here is my plan:

As long as the NZDUSD continues to trade below the 0.7225 ST resistance level, I will be looking for short trade opportunities. My next LT support level is at 0.7086

All long opportunities will be ignored.

Trade Safe!

Raul Lopez

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .