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NZDUSD Analysis Oct 4, 2020

NZDUSD Analysis Oct 4, 2020

On the weekly timeframe we are in a downtrend forming LHs and LLs. The Moving averages haven’t crossed yet on the weekly and we still need to break structure on the daily timeframe before considering short opportunities. On the H1 timeframe we are looking to either continue to the trend that we are in to the upside or if we break below the 100% level we will look to continue the weekly trend to the downside

from Trading Ideas
via gqrds

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