NZD/USD Nearing Early Month Low; Bearish on Bounces
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
-Price has nearly reached the 10/10 low. The early month low is .8192. This region is support for a bounce.
Trading Strategy: Order to short NZDUSD in halves at .8350 and .8380 with a .8450 stop. Target half at .8100. Watch in conjunction with AUDUSD. A push above .8332 (Monday high in NZDUSD) that is not joined w
By an AUDUSD push above .9621 (Monday high) is the type of divergence to look for when entering trades.
LEVELS: .8162 .8193 .8230 | .8300 .8350 .8380
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