🔸 "NZD/USD Long Term View" Weekly Chart: . . 🔸 Price is facing the Weekly Support Zone. . 🔸 If it bounces here, it has potential to reach the Descending Trendline. . 🔸 If the Descending Trendline is broken, then the next target zone is the Resistance Zone. . 🔸 We are waiting for a lower timeframe bullish setup to get involved on this pair. 🔸 DAILY CHART...
DAILY CHART EXPLANATION: 🔸 "USD/CAD Breaking the Downtrend" Daily Chart: . . 🔸 Price has been on a Descending Wedge for more than a year. . 🔸 It has broken the Descending Trendline of the Wedge today. . 🔸 We consider it has potential to reach the Resistance Zone at 1.35300, and, if this zone is broken, then the next target is the Resistance Zone at 1.36500. . 🔸...
Hello!!! I expect a decline to the area of 9550-9600. After that, most likely, we will go to 10,000-10,200.