NZDUSD Outlook

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0.48 $ earned

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SELL NZDUSD
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Frano Grgić
Frano Grgić published an idea on NZDUSD, D1
3 months ago

https://harmonics.app/nzd-usd-forecast-0-69420-as-a-potential-target/

The week before closed strong in the bullish mode where the last three days were strongly bullish and the price moved 100 pips from the strong support zone at 0.69486.

Adding Bat harmonic pattern that are formed on the current price gives more indication the price will find its way down from the current price.

The price will have a hard time to break above, but here is a potential bearish entry zone with a profit target around 0.69420 which is the support zone
and the first obstacle for the price to break below.

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