First published idea from an inexperienced trader.
as the NZD/USD weekly approaches a close, a hanging man appears to be forming on top of a strong support line, NZD/USD is at it's lowest point for over 12 months.
bearing in mind we have the NPF tomorrow so this can go either way and break the support.
I am bullish on this pair, I suspect the bullish reversal ...
Looking at the NZDUSD its been bullish for a over a year but I think the bulls are loosing power and the bears are starting to take over.
From a MONTHLY perspective...
The most recent candlestick has a SHOOTING STAR characteristic. Price attempted to break the weekly resistance at 0.7450 but failed and price came back down. Price is below the monthly resistance ...
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
