FX:NZDUSD   New Zealand Dollar/U.S. Dollar
54 0 1
Potential sell set-up on NZD/USD             .

Price has recently tested resistance of descending TL and has created a double top formation in doing so. Break of the neckline of this pattern could lead to significant decline of price towards 0.60 but this will take time to play out.

Price has also reacted to Fibonacci resistance levels suggesting forthcoming bearish sentiment.

Initial targets would include inner and outer ascending trend line support zones.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out