NZDUSD Potential for Bearish Drop to 50% Fibonacci line
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleNZDUSD, H4 |...
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleNZDUSD, H4 | Potential Bearish Drop TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish as the current price is below the Ichimoku Cloud. Looking for a sell entry at 0.61948, where the overlap support is. We are looking to take profit at 0.60171 where the 50% Fibonacci line is.
