FX:NZDUSD   New Zealand Dollar / U.S. Dollar
207 1 1
After a long decline in the NZDUSD             we can find a clear triple bottom confirmed with a nice loss of momentum (see how the AO had shown high low this time), even more inside the bottom we find a small support into the bottom which improves the chances because gives us a better risk reward ratio, but the problem is the down trend line that still have to be broken, and afther it we find a phantom resistance at 7892. Therefore I'll prefer the entrance in this possible buy AFTER the trendline break out and only if a pullback happens, because as you can see, the risk reward ratio other way will be really no so good.
Now is a good time to look for a intraday reversal to the upside rally but if the price gets lower will be even better
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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