NZD/USD - down trend continuation - sell on 1H
Market price following strong down trend after peak from May 08.
Price is near strong resistance line.
MACD baselines going to cross bearish which is sell indicator.
RSI is near up trend support line, expect fast down movement if this line breaks.
Wait for confirmation before entering this trade.
Good luck and nice weekend to all.
Price is near strong resistance line.
MACD baselines going to cross bearish which is sell indicator.
RSI is near up trend support line, expect fast down movement if this line breaks.
Wait for confirmation before entering this trade.
Good luck and nice weekend to all.
Trade active:
take profit 1 reached
Trade closed: target reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
