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forextidings

Will NZD/USD Break the Hurdle

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
forextidings  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Volume Technical Indicators NZDUSD nzdusdanalysis nzdusdidea nzdusdsignals nzdusdforecast freesignals freeforexsignals freeforextips freecurrencytips
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trendanalysis volumestudies indicator nzdusd nzdusdanalysis nzdusdidea nzdusdsignals nzdusdforecast freesignals freeforexsignals freeforextips freecurrencytips
Here's the 1H chart of the NZD/USD. And it's moving downwards. Here, I have applied the indicators - Volume, Stoch RSI, and RSI.

RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle(0.7136). If it breaks the hurdle(0.7136), then the target will be the following 0.7116 - 0.7088.

But, if NZD/USD takes a U-turn and starts to move upwards, it will hit 0.7216.
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