Hello traders,
It tooks almost half year for NZDUSD to recover from the new low made in Mar 2020. That is 1300 pips grand super swing.
Now it might stop for a while by reaching the resistance zone which was a support zone. A warning signal has showed on weekly chart. And another new one would within expectation for this week.
Fibo 382 correction is possible for NZDUSD to test for 480 pips.
Good luck with patience.
LESS IS MORE!
It tooks almost half year for NZDUSD to recover from the new low made in Mar 2020. That is 1300 pips grand super swing.
Now it might stop for a while by reaching the resistance zone which was a support zone. A warning signal has showed on weekly chart. And another new one would within expectation for this week.
Fibo 382 correction is possible for NZDUSD to test for 480 pips.
Good luck with patience.
LESS IS MORE!