Pending short order base on daily chart, 2 ways price could pan out based on the blue and black lines, could see one more spike to nearest 61.8% extension
FX:NZDUSD OANDA:NZDUSD FX_IDC:NZDUSD
NZDUSD on daily timeframe we see that we have a nice break we have a retest and there is a potential continuation to the downside but we need to follow that on the lower timeframe so on the lower timeframe we look at the 4-hour and we have a nice reversal top after the up move to then fail to make new highs start making lower lows and lower highs so it is topping...
A nice Uptrend is continuing with a channel... Just wait for a small retest and Breakout the retest trendline then again go for LONG... Must follow PRICE ACTION...
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NZDUSD expected to rise up to 1st resistance at 0.59639 where it could potentially react off and drop down to 1st support at 0.57242. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Idea compliments a previously published idea. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Note: Idea is to complement your research. Idea follows previous published idea. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Sometimes 4Hrs tells it all. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Nzdusd h4 consolidation zone if break low then d1 double bottom