Elliottwave Analysis: NZDUSD, sell at 0.6957
|NZDUSD closed below daily Ichimoku Kijun-sen and H4 lower bands.
Long term trend still firmly point down, upside should be limited.
From an Eliiottwave perspective, further downside toward 0.6761/0.6647 could not be ruled out.
After DXY break higher, Kiwi looks a little "rich" around current levels.
Go short against H4 upper bands provide good risk-reward for now.
Daily support levels: 0.6925 0.6910 0.6895
Dialy resistance levels: 0.6962 0.6984 0.7007
NZDUSD Trade Idea: (Spot 0.6942)
Sell @ 0.6957 SL 0.7061 Take Profit @ 0.6778
Intraday Trade Idea:
Sell Latentinterest Order: 0.6962
Buy Latentinterest Order: 0.6879
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