NZD/USD - Possible Cypher formation, overbought RSI

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Pair has witnessed a bullish break from rising channel . The pair clocked a high of 0.7254 levels and pushed the daily RSI above 70.0. The overbought RSI means the pair could reverse from anywhere between 0.7254 and point C.

such a move followed by a re-entry into rising channel would increase the odds of a drop towards channel support. A violation there would expose Leg D = potential reversal zone.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out