My dear subscribers,
My technical analysis for NZDUSD is below:
The price is coiling around a solid key level – 0.5786
Bias – Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators’ convergence.
Goal – 0.5710
My Stop Loss – 0.5830
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation’s Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK