FX:NZDUSD   New Zealand Dollar / U.S. Dollar
69 views
1
69 0
Even though we have a possible double bottom , I still favor the downside for now. A lot depends on the price action during Friday and the beginning of next week.

On the other hand, the fact that the double bottom was made with a new low, makes the situation a bit more bullish , because the longs are taken for now and those who shorted the "breakout" are probably stopped out also. So, once again - near term price action is the key here.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out