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Naomi293

Weekly Predictions (Mar 4 - 8)

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New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Naomi293 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Oscillators predictions forecast NZDUSD dailychart 4hrchart
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supportandresistance oscillator predictions forecast nzdusd dailychart 4hrchart
- Pair neither overbought nor oversold
- Recently crossed EMA (25, close) and tested as resistance
- Wait for bearish candlestick
Comment:
4-hr chart

snapshot
- Stochastic Oscillator indicating pair is oversold
- Bearish candlestick on the retest at the EMA (25, close) indicating pair may continue downtrend
Comment:
- Since pair is not in consolidation, EMA STRATEGY on the 15-mins chart may be used throughout the week
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