Ryan_lopes

CRUCIAL POINT FOR NZDUSD. CLOSE TO CHANNEL BREAKOUT (H4)

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello friends, here is our analysis on NZDUSD in H4 time frame. As we can see that the pair is making new higher lows and at the same time not breaking its resistance as well. However the upper trend line that acted as a support is broken and also retested. We will suggest you guys to wait till the rectangle pattern is broken and retested. We will keep you updated on this.

All views are welcome. Thanks.

Ryan.R.Lopes
Comment: Almost close to the breakout, Stay with us from entry
Comment: breakout guys, retesting now. We might get a good buy entry. Wait for the confirmation

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