Thursday, November 21, 2024

NZDUSD is trying to consolidate at retest area of the previous support and new resistance and closed at the entry price level due to ranging movement until the expiry time
1 mins well spent

NZDUSD Analysis

NZDUSD is falling from the retest area of the previous support which act as a new resistance in the daily timeframe chart. Market is moving towards the major support.

nzdusd h4

In the 4-hour timeframe, NZDUSD has recently broken the horizontal support area

NZDUSD hover around the entry price range and start to make a ranging movement between the entry price levels for a long time.

The market moving up and down between the entry price ranges more than 2 days.

As per signal following rules, due to lack of movement, the NZDUSD signal has closed at an entry price level.

For new users: Please note that: NZDUSD signal has been closed at entry price level due to lack of movement and the 2 days protection rule. Keep following our signals as per the signal rules given to you under each signal message : forexgdp.com/follow

If you know our signal rules, please take this signal quiz test here: forexgdp.com/follow/#quiz

Please be patience and wait for the next good opportunity signal. We always want you to trade safely at all market conditions.


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