NZDUSD short trade on 6/7/22
Analysis:-
- Strength number
- Hourly chart & area of breach:-
- Yesterday breach of entire trading day (the day before 4/7/22).
- Today (6/7/22) price started pulling back and it came back to the breach area.
- Any sign of pullback finish then it may give opportunity for entry.
- Pullback phase reading on M15 chart:-
Update:-
- This trade unable to break lower. It came back up.
- It was not ready yet.