NZD/USD:Retest previous bearish pattern and ready to drop.
Updated
The NZD/USD yesterday had a rejection on the 50% / 61.8 Fibo area comes with a confluence of the dynamic trendline of the Bearish channel.
Now after the price breaks the second bearish channel inside the main one, the price seems ready to retest this last pattern at the level of price 0.6270 before dropping definitely down. Not last the divergence presence on Stochastic with overbought. Is the NZD/USD ready to continue its downtrend after the last pullback?
Let me know.
Now after the price breaks the second bearish channel inside the main one, the price seems ready to retest this last pattern at the level of price 0.6270 before dropping definitely down. Not last the divergence presence on Stochastic with overbought. Is the NZD/USD ready to continue its downtrend after the last pullback?
Let me know.
Comment
Comment
✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🟪 Instagram: instagram.com/forexn1_com/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🟪 Instagram: instagram.com/forexn1_com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.