NZDUSD has breached a major weekly level. The upper trend line was also rejected. Looking for a retest back to the lower trend line and possibly a break of that trend line. -StampsFX #nzdusdshort #nzdusdprediction #nzdusdforecast #nzdusdidea #nzdusdsignal #nzdusdtrade #nzdusdoutlook #nzdusdsell #technicalanalysis #trendanalysis
in Week chart :https://www.tradingview.com/x/tNOZuc4S/ in Daily chart: H4:
Still there wait the good position MFL: Stoch:
TARGET: 28 PIPS TP1: 0.68202 TP2: 0.68302 SL: 0.67692
TARGET: 47 PIPS TP1: 0.67576 TP2: 0.67320 SL: 0.68515
TARGET: 42.5 TP1: 0.68696 TP2: 0.68831 SL: 0.67846
FX:NZDUSD H1 time frame my Forecast and trade setup.
NZD/USD has broken under the 50 EMA on the 4H timeframe and has failed to move back up. We can expect NZD/USD to fall further below down as long as the 50 EMA on the 1H Chart stays unbroken. Trade safe.
NZDUSD Formed a potential BAT pattern and 0.6590 is great support zone . therefore we can consider to buy this currency now
Expecting a bullish run once we break above 0.66596
I love to Trade this Gartley Pattern and now it has another reason for me to buy The recent move of this pair fromed a Ending Diagnol Buy at the the lower edge of the Wedge and a upside break out will confirm the bullish move.
NZD/USD broke the 50 ema and is en route to breaking the 200 ema. Move is confirmed if current broken ema's keep acting up as resistence and 200 ema gets broken on the 30 min chart.