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Adam-Robinson
Feb 1, 2020 10:02 AM

NZDUSD - NEUTRAL 

NZD/USDOANDA

Description

Weekly - Price has been trading in a decending channel since June 2018. Last week saw a strong bearish move to the weekly support level of 0.64400.

Daily - Price still strong bearish after reaching weekly resistance level of 0.67500 on December 31st. Price is now at weekly support level with confluence of pitchfork median line which may indicat a reversal next week.

4 Hour - Price still strong bearish after reaching weekly resistance level of 0.67500 on December 31st. Price is now at weekly support level with confluence of pitchfork median line which may indicat a reversal next week.
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