Simile

NZD/USD Long Weekly

Long
OANDA:EURNZD   Euro / New Zealand Dollar
Market forming a triangle consolidation after a strong down trend on weekly chart. Expecting the next few weeks to hit major resistance trendline
at 1.85000 near fib level 0.886 for the third time and fall to major support trendline at 1.60000 near fib level 0.382
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.