Pair: NZDUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, Fibonacci retracement
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Key Takeaway: Seen price break trend line and test support, we have also seen a bounce off 0.5 on the fib retracement level. As USD strength is still all there we will be shorting this pair as we are starting to see signs of a continuation of bearish movement
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Level needed: need a close by 0.61945
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Trade: Short
RISK:REWARD 1:7
SL: 15
TP: 100
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, Fibonacci retracement
—————
Key Takeaway: Seen price break trend line and test support, we have also seen a bounce off 0.5 on the fib retracement level. As USD strength is still all there we will be shorting this pair as we are starting to see signs of a continuation of bearish movement
—————
Level needed: need a close by 0.61945
—————
Trade: Short
RISK:REWARD 1:7
SL: 15
TP: 100
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION