Boenker

nzdusd monthly

Boenker Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
4
Monthly - overall looks up if you follow your trendlines, but its in a ascending channel and price seem to get stuck on the bottom line of this. THis is on major support/resistance area

Weekly- ascending channel price have broken , but this could be a fake out and price start to rise back up.

Daily- Downtrend where price will test for the 3th time the trendline, also there is a rounded bottom visible.

4 Hours- there is a cup and handle visible, but start the get resistance and seems not break higher also the last 3 candles there is 2 hammers visible on a resistance area that show us bearish signals
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