zachogden
Short

NZDUSD End of Bull Run?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
201 2 0
Price action on the 1H chart appears to be forming a rising wedge , with several recent failures to break at the top resistance. RSI supported by trendline shown. Break and close above wedge indicates continuation of bull move, though in the short term I expect price action to fall back towards the kijunsen and wedge support with a possibility of a break below.
FaceLolll
4 years ago
Nice call
Reply
zachogden
4 years ago
thanks FaceLoll, kiwi has been responding to ichimoku s&r's very well lately.
Reply
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