Stop!Loss|Market View: NZDUSD
đ Stop!Loss team welcomes youâī¸
In this post, we're going to talk about the near-term outlook for the NZDUSD currency pairâī¸
Potential trade setup:
đEntry level: 0.60799
đ°TP: 0.59906
âī¸SL: 0.61334
"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
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đŦ Description: Short-term weakening of the US dollar is still expected in the coming days, but medium-term buyers' of the USD is quite confident. Therefore, NZDUSD can expect a strengthening to 0.61 today/tomorrow, from where, if the same false breakout or bearish divergence forms, a reversal to 0.6 and 0.59 is expected.
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