NZD/USD: SHORT From Breakout Support ABCD Pattern SELL

Short

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

Updated

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

Harmonic Patterns Trend Analysis Technical Indicators NZDUSD

harmonicpatterns trendanalysis indicator nzdusd

NZD/USD will continue to Drop, an ABCD Pattern will be completed at the 0.59 level following our technical analysis. Today the price Broke the Support level of 0.59966 and seems to fall down very strongly. The RSI is Bearish and the Ichimoku forecast is Still bearish.

Comment:

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