reserve bank of new zealand is expected to cut rates, the structure also showing downward pressure and this is nice continuing of the past charts!
so with breaking that orange line the structure is finished and can turn down at any moment (there fore needs to be followed in more smaller time frames) but im expecting some little more up to that blue line as last resistance before it brakes. and since there r news from NZD the pice may vary a bit more but im not expecting to brake point 0 (red line)
so with breaking that orange line the structure is finished and can turn down at any moment (there fore needs to be followed in more smaller time frames) but im expecting some little more up to that blue line as last resistance before it brakes. and since there r news from NZD the pice may vary a bit more but im not expecting to brake point 0 (red line)