NZDUSD is currently facing a strong resistance zone on the daily chart. It is a huge resistance zone of about 80pips from 0.7970-0.8050.
It is hard to pinpoint a safe price to short NZDUSD with a daily chart. As i try to keep my stop losses to 30pips max. So i will be zooming down in the 10mins & 60mins chart everyday to look for a nice price to go short. Will keep this post updated.
In the meantime, take a look at the daily chart.
It is hard to pinpoint a safe price to short NZDUSD with a daily chart. As i try to keep my stop losses to 30pips max. So i will be zooming down in the 10mins & 60mins chart everyday to look for a nice price to go short. Will keep this post updated.
In the meantime, take a look at the daily chart.