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
All views are welcome. Thanks.
Ryan.R.Lopes
Note
Almost close to the breakout, Stay with us from entryNote
breakout guys, retesting now. We might get a good buy entry. Wait for the confirmationDisclaimer
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.
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.
