NZDUSD Potential for bearish drop to previous swing low
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 Poten...
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 Potential for bearish drop to previous swing lowTypeBearish ReversalPreference:Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.Expecting price to drop from the pivot which is the overlap resistance level towards the support which is the previous swing low.
