NZDUSD: Ready for a Reversal?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
905 21
NZDUSD may have topped for now, and in the near term, as the price failed at a major resistance level at the all time record high 0.8842. The retest of that high wasn't supported by momentum, as MACD has been strongly divergent. A downside reversal could be at had, unless we break back above that high at 0.8842. which may signal a major bullish breakout. For now, my downside targets start at the 50-days SMA and 0.8543 static support level .

I have a bearish bias(mentality). that means i will always keep my mind looking for bearish signals over the lower time intervals, unless I see a major signal that negate this bias(such as a major bullish hammer candle at support).

Best of luck, join me at
Hi technician, what u think for kiwi later on RBNZ rate ? Any updates?
is there a rebound near 0.865 and uptrend now?
R 0.873
hi technician, i looking tp around around 0.865 and rebound around there. Is it possible?
himsly Sam0101
Hello Goh do you know where I can see the time frame?
Hi Himsly

It's a daily timeframe if it is what you're looking for.

Best Regards,
Hello. I'm new here Where I can see the time frame?
Hi could you send me the same links. Im new to the world of trading. Thanks
Ansari SmartTrader
+1 Reply
Thank you
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