Get started
Sforex

Kiwi : Triple bottoms and thick Kumo cloud

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Sforex  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
5
0
Kiwi is now trading below Kumo cloud, and I see triple bottom pattern on the chart.

Strong support is at 0.6480

I see a descending trend line.

A very thick Kumo cloud is above price.

It means this is a strong resistance.

I think I will wait until Kiwi test Kumo cloud.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.