I still like the NZDUSD for longs
I still see good opportunities on the NZDUSD for long opportunities. On the long term charts it was rejected from an important LT support level, and take a look at the short term chart, we are just trading around an important support level:
We only need to be careful because later today the interest rate announcement from New Zealand is released. Other than that, I’m pretty comfortable looking for longs.
What do you see?
Tags: forex, NZDUSD Analysis
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