NZD USD short bias at Daily and H4 imbalances

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NZDUSD Forex Cross Pair short supply and demand analysis. NZDUSD breaking lower reacting to monthly supply imbalance, lots of room for price to reach weekly demand level much lower around 0.69. Shorts at daily, H4 and weekly supply zones.

NZD USD high odds for shorts

NZD USD is dropping strongly bearish impluse, uptrend was broken and new supply levels have in control.

NZD USD chart price analysis

NZD USD Forex Cross Pair short bias at Daily, H4 and weekly supply imbalances

Alfonso Moreno
Alfonso Moreno
Full time trader, expert technical analyst and founder of Set and Forget supply and demand online trading community. Traveler, photographer and adventurer.

1 Comment

  1. NZDUSD Forex Cross Pairs reacting to daily supply imbalance | Set and Forget by Alfonso Moreno says:

    […] As explained in yesterday’s supply and demand analysis for major Forex Cross Pair NZDUSD, shorts at Daily and weekly supply zones. Price dropping as a reaction to the last Daily imbalance, lots of room to drop. Short bias at new levels of supply expecting the void to be filled on its way to monthly demand zone lower. Check out previous NZDUSD supply and demand analysis […]

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