NZD/USD 4H chart analysis, time for a pullback?
As expected, NZD/USD fell strongly from the 0.6380 resistance level in the 4Hour chart. Since then, price
is down 2%. At present, it seems NZD/USD is consolidating in the dynamic support level in the 4H chart.
If we can see multiple bullish candles in the 0.6250 level, it would indicate that a pullback is about to happen.
However, I do no recommend buying right away.
Sellers can wait for a pullback to 0.6350 before selling again.
is down 2%. At present, it seems NZD/USD is consolidating in the dynamic support level in the 4H chart.
If we can see multiple bullish candles in the 0.6250 level, it would indicate that a pullback is about to happen.
However, I do no recommend buying right away.
Sellers can wait for a pullback to 0.6350 before selling again.
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