Trade of the Day: NZDUSD
22 August 2022
The trend at the moment is downtrend market. We are focusing on looking for short positions on general.
We will be looking for the resistance zone when the price testing it. Since the trend still a steady downtrend, we will focus on the short position near the resistance trend line.
If the price break below the support zone, we will wait for the price to pull back to test the support become resistance zone to find short positions.