NZDUSD Forex Analysis – Downtrend Continuation Targeting 0.6084 Weekly Support

Watch today’s NZDUSD Forex Analysis – Downtrend Continuation Targeting 0.6084 Weekly Support

Hi Traders, watching price levels on the NZDUSD daily and 4-hour charts.

Price declined below the 0.6191 weekly support level last week.

0.6187 – 0.6203 the 62-79% fib retracement area and weekly resistance level.

Watching for price to rally and fail at this intraday resistance area for a further decline targeting the 0.6084 weekly support level.

Join me at tonight’s free Forex trading webinar 7.00pm Sydney time?

Tonight’s Session:

25 APR
Forex Trading – Live Market Analysis
EN
Tue, 7:00PM SYDNEY TIME
60 mins
During this webinar, Duncan Cooper will review 12 currency pairs, determine the key support and resistance trading levels for the week ahead, discuss his favourite risk to reward trading opportunities, and answer your trading questions.

26 APR
Price Imbalances – Introduction to Smart Money Concepts Part 3
EN
Wed, 7:00PM SYDNEY TIME
60 mins
Learn the importance of price imbalances and how they form part of the underlying market structure across all time frames. Understanding price imbalances will help you identify the best entry and exit levels for your trades and improve your overall consistency as a trader. Duncan Cooper will show you how to identify price imbalances in a live chart exercise and answer all your trading questions.

27 APR
Live Forex Market Review – Identifying High Probability Trading Levels
EN
Thu, 7:00PM SYDNEY TIME
60 mins
In this webinar, Duncan Cooper will analyse the trend, support and resistance, and use Fibonacci retracements to identify high probability trading levels on the major currency pairs. Plus, a live Q & A on your favourite charts.

Disclaimer: Trading involves risk.

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