FX:NZDUSD   New Zealand Dollar / U.S. Dollar
183 0 0
Ascending daily trend line (green) has been broken and retested, next target is the monthly ( gold             ). I expect the descending trend line (red) to hold at least one more bounce off it, until price hits the monthly trend line , which will probably happen in the area where both lines meet. It's also a weekly horizontal resistance and a .38 fib retracement level.

Based on the pattern that occurred the last time price bounced off the monthly trend line , i'd guess a bounce back up to the .236 fib level before going down to test it again. This will also be the .38 fib retracement level from the short term move down.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out