good evening NZDUSD week began to rise, especially on Thursday after breaking both the maximum of 0.7256 (02/08/16) and the maximum of 0.7324 (12.07.2016) are reneged and closing all the weekly session at 0.7189 making an analysis over the long term (monthly) we are in a bullish channel and the last month and in the presence of a spinning top (strong indecision) on resistance of 0.72 watching the weekly precisely on this level we find ourselves a bearish pin though against this trend confirms we also have on the daily so they're likely to wait for a retracement to 0.7120 area before resuming its upward trend
good evening NZDUSD week began to rise, especially on Thursday after breaking both the maximum of 0.7256 (02/08/16) and the maximum of 0.7324 (12.07.2016) are reneged and closing all the weekly session at 0.7189 making an analysis over the long term (monthly) we are in a bullish channel and the last month and in the presence of a spinning top (strong indecision) on resistance of 0.72 watching the weekly precisely on this level we find ourselves a bearish pin though against this trend confirms we also have on the daily so they're likely to wait for a retracement to 0.7120 area before resuming its upward trend