Hello Traders,
Here is the daily time frame NZDUSD analysis.
We are at the Nov-Dec 2019 level now which is a very important demand area. There are waiting orders inside 0.6400 and 0.64300 area.
The price most likely push to the upside due to waiting long orders.
We will be looking for a confirmation inside the 0.6400 - 0.64300 area for the first long.
And there is structural key level at 0.6460. After the second confirmation of the long setup, this level another good level for the entry.
First target is 0.6590 and second target is 0.6680
Good luck!
Thank you for your support!
Forex42
//If you like trade my ideas please push like.
//Write your comments and questions down here.
//Before enter the trade please make your own analysis.
Here is the daily time frame NZDUSD analysis.
We are at the Nov-Dec 2019 level now which is a very important demand area. There are waiting orders inside 0.6400 and 0.64300 area.
The price most likely push to the upside due to waiting long orders.
We will be looking for a confirmation inside the 0.6400 - 0.64300 area for the first long.
And there is structural key level at 0.6460. After the second confirmation of the long setup, this level another good level for the entry.
First target is 0.6590 and second target is 0.6680
Good luck!
Thank you for your support!
Forex42
//If you like trade my ideas please push like.
//Write your comments and questions down here.
//Before enter the trade please make your own analysis.