Razvan
Short

NZDUSD - Kiwi in a Down Trend

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Kiwi is also in a down trend. I am not that comfortable with the divergence drawn on the RSI , but the trend seems to be pretty strong. A break on the upside of this little range could get the price back to the channel's main line, while a break bellow would signal another drop for the NZD. So still short on medium term here, also...
AdrianRotaru
2 years ago
0.8350 important level here, we must wait to see
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Razvan AdrianRotaru
2 years ago
It is a very good local resistance.
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Sam0101
2 years ago
i think kiwi is on the downtrend now? The bullish forces are gone after the skyrocketing just now
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Sam0101 Sam0101
2 years ago
hey razvan, will kiwi reaches around 0.836 then drop 0.82293 ?
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Razvan Sam0101
2 years ago
Hello, at this point there are some bullish signals like divergence and range. Pretty hard to say now. a break outside the range would confirm or infirm you theory.
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AdrianRotaru Sam0101
2 years ago
Now, I look to entry short only if price is under 0.83
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