NZDUSD 30min Analysis December 15th, 2020
Price has broken below minor support and is consolidating around the 30min 200MA.
Trade Scenario 1: Bearish - We need to see price reject off the 30min 200MA and previous support zone around .7078 zone. Enter on bearish engulfing/variations
Trade Scenario 2: Bullish - We need to see price break back above .7080 then make a HL at or above this level. Enter on bearish engulfing/variations.
Trade Scenario 1: Bearish - We need to see price reject off the 30min 200MA and previous support zone around .7078 zone. Enter on bearish engulfing/variations
Trade Scenario 2: Bullish - We need to see price break back above .7080 then make a HL at or above this level. Enter on bearish engulfing/variations.