Price formed supply area after breaking support. I took a touch trade as soon as price reached that area again. It is quite likely that we will see continuation lower towards weekly demand zone (big rectangle).
That should interest you
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…
Hello traders !
How are you all ? Hope you all are doing well.
So here we have a clear analysis of a major pair NZD vs USD (Newzealand dollar vs US dollar). As we can see that the price is being rejected on last friday at a major key level resistance where a…