The price is below the moving average of 20 MA and MA 200, indicating the downward trend.
MACD is below the zero levels.
The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.6480
• Take Profit Level:...
In an hourly chart, Dollar Index fighting one another to prove their strengths. NZDUSD running to take a turn to fall down, technical concerns providing back-up-could stabilize the pull action. Short profit seekers keen on pending entry zone, precise the entry.