In this Analysis you can see that the NZDUSD price on the 30-minute chart, there is a possibility for a SELL position.
What we look for:
the downside prevails as long as 0.6913 is resistance.
If trend will change:
the upside breakout of 0.6913, would call for 0.6937 and 0.6951.
My entry details:
- Entry Level: 0.6893
- Take Profit level: 0.6858
- Take Profit level 2: 0.6843
- Stop Loss level: 0.6913
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
What we look for:
the downside prevails as long as 0.6913 is resistance.
If trend will change:
the upside breakout of 0.6913, would call for 0.6937 and 0.6951.
My entry details:
- Entry Level: 0.6893
- Take Profit level: 0.6858
- Take Profit level 2: 0.6843
- Stop Loss level: 0.6913
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.