Dolar Nowozelandzki/Dolar USA
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NZDUSD Trade Idea

405
In yesterday's analysis, I expected NU to again re-test the 0.7220 minor resistance zone for further bearish continuation opportunities, which is exactly what the market is performing now. In today's trading session, I will be favoring short-term selling opportunities as long as 0.7220 minor resistance zone remains intact with 0.7110 as the target. However, If we noticed further bullish pressure pushing price above the 0.7220 & 0.7244 resistance zones, that could send NU higher. I will link all the forecast in the comment section below, how I identified a head & shoulder pattern since 6th Jan, called out multiple selling opportunities on 14th & 27th Jan.

Do not forget the overall trend on the higher timeframe remains bullish, I'm only trying to capitalize on the short-term bearish sentiment in the market.

Flexibility is the key. Trade safe.

Do follow my profile for daily fx forecast & educational content.
Uwaga
Previous analysis

NZDUSD Trade Idea
Uwaga
NZDUSD Trade Idea
Uwaga
NZDUSD Trade Idea
Uwaga
NZDUSD Trade Idea
Uwaga
NZDUSD Trade Idea
Uwaga
NZDUSD Trade Idea
Uwaga
NZDUSD Trade Idea

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