Last week, I already made a prediction that NZDUSD will keep falling.
Analysing the intraday price action, I spotted a strong bearish confirmation today.
Retesting a recently broken structure, the price formed a head and shoulders pattern.
Its neckline was violated, confirming a local dominance of the sellers.
We can anticipate a down movement at least to 0.6057
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.