NZDUSD > Comprehensive Analysis for Both Long and Short!!
Analysis of #NZDUSD
Hello friends,
thank you for taking the time to read my analysis, my only wish it earns your likes and comments.
this is the weekly chart as you know NZD has been very strong as of late, but now that the pair is near 0.6900 which I the last resistance before 0.7500.
the pair at very major resistance the triple tops that had prevented NZD from rallying up and caused it to drop more than 1200pips.
looking at the weekly RSI is showing big strength and certainly not showing a higher high as the price is the NZD showing.
I am watching this pair as I stated any closes above 0.700 will open the door for 0.7500, a failure to make a close above 0.700 will make trades lose faith and starting booking profits, meaning starting the first selling wave
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Hello friends,
thank you for taking the time to read my analysis, my only wish it earns your likes and comments.
this is the weekly chart as you know NZD has been very strong as of late, but now that the pair is near 0.6900 which I the last resistance before 0.7500.
the pair at very major resistance the triple tops that had prevented NZD from rallying up and caused it to drop more than 1200pips.
looking at the weekly RSI is showing big strength and certainly not showing a higher high as the price is the NZD showing.
I am watching this pair as I stated any closes above 0.700 will open the door for 0.7500, a failure to make a close above 0.700 will make trades lose faith and starting booking profits, meaning starting the first selling wave
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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