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CobraVanguard
Dec 16, 2020 11:03 AM

NZD/USD is predicted to have decrease in its Price 

New Zealand Dollar/U.S. DollarFXCM

Description

Hi every one

NEW ZEALAND DOLLAR / U.S. DOLLAR

in the NZD/USD chart there is a regular bearish divergence (-RD) also pay attention to the broadening wedge as well ,so we predict that the price will decrease and make it to the bottom of the channel!
after that the price may rise once again and break the broadening wedge!

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea .
Have a nice day and Good luck.

Trade closed: target reached

Comments
yalfalasi
Thank you ! I liked the analysis ...
CobraVanguard
@yalfalasi, your welcome
leon1943
great chart
CobraVanguard
@leon1943, thanks
tttyou1
nice
CobraVanguard
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