Technician
Short

NZDUSD: Daily Technical Update - Dec 03

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
808 1 12
See Yesterday's Update before reading... Monday Update:
NZDUSD: Daily Technical Update

...................................................................................................................................................................
Daily Technical Update - December 03

NZDUSD             retested the 50-days SMA and the top of the minor falling channel, before moving lower again towards 0.7765 recent low and target in line with previous outlook.

Outlook: Further downside remains the likely near term scenario, which will be confirmed on a break below 0.7765, targeting 0.7720 then 0.7660-0.7670. Only stability back above the falling channel would negate the near term downside bias.

Happy Trading :)
Join me at https://twitter.com/thefxchannel
Also at my Facebook             page www.thefxchannel.com
My best regards,
Technician
If you dont want to miss any trade and see all the trades live, fully transparent. No bullshit like some others. Join my FREE channel here https://telegram.me/technician_forex_trades
Timing is key
2 years ago
Excellent call with supporting RSI!
Reply
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