SantanderCapital
Short

NZD/USD - Waiting For The Trend Line Retest Before Going Short

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
100 0 5
Chart: Daily
Market: Bullish

Bearish Indicators:

1. Monthly chart displays deceleration pattern with price rejecting 50 EMA - overall trend is bearish
2. Weekly high test candle rejecting 0.73 major Daily/Weekly resistance level
3. Daily double top (blue circles) + high test candlestick pattern
4. Daily trend line acting as key resistance level

Agree / Disagree? Comment below!
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out