NZDUSD approaching resistance, potential reversal | 29 June 2020

Name: NZDUSD approaching resistance, potential reversal | 29 June 2020
Uploaded: 2020-06-29T02:42:01.001879
Channel: FXCM
Description: Price is reaching our resistance in line with our descending trend line, 78.6% retracement and 61.8% extension where we could see a reversal below this level. Stochastic is reaching our resistance as well.

Short

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)

Updated

FX:NZDUSD New Zealand Dollar / U.S. Dollar

Harmonic Patterns Trend Analysis Chart Patterns

harmonicpatterns trendanalysis chartpattern

Price is reaching our resistance in line with our descending trend line, 78.6% retracement and 61.8% extension where we could see a reversal below this level. Stochastic is reaching our resistance as well.

Comment:

NZDUSD approaching resistance, potential reversal | 29 June 2020

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