Hello traders ,
As you see NZDUSD is moving in downtrend in daily interval and it's correction has form triangle shape
if you conservative trader you can wait until the price break the lower side of triangle and sell.
if you Like me I enter Selling now for more profit and reduce my stop-loss but you should know that percentage of successful is smaller than...
There is many reasons to sell AUDUSD immediately such as
1. the pair is moving under the long term downtrend.
2. AUDUSD has broken the short term trend line also and retested it.
So I think it will targets 0.6680 at least.
I think EURUSD will drop in the coming hours and this for several reasons such as
1. Yesterday candle was Hanging man
2. The day before yesterday was inside candle
in additional to the pair moves under the downtrend on the weekly time-frame and the pair broke the trend line on the daily interval.
AS you see in the picture the silver broken the trend line of the wedge pattern . I think it will go down next hours.
The confirmation comes from the RSI indicators which appeared negative divergence with the price.