NZDUSD: Important Structure to Watch Next Week 🇳🇿🇺🇸

2022年5月7日

Hey traders,

NZDUSD is trading in a strong bearish trend.
The market is falling for 6 consecutive weeks.
Ahead is a very important zone of confluence:

we see a perfect match between a horizontal weekly demand cluster
and a falling trend line of an expanding wedge pattern.

I believe that soon we will see a pullback.

Pay close attention to the underlined area and wait for a confirmation to buy.

❤️If you have any questions, please, ask me in the comment section.
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2022年5月8日

註釋

Check my new analysis on GOLD: