Currency Pair: NZD.USD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Long
Live NZD.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted direction be incorrect no trade opportunity will be generated.
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Although price has consolidated back into the 1hr structure support levels it has fallen too deep meaning we would now have to trade into 4hr resistance.