NZD/USD Back to its Upper Consolidation Resistance?
https://www.tradingview.com/x/zfgQEfwa/
Over the past 3 months, we can see the presence of a strong selling pressure by the sellers. However, over the last week, we saw that sellers are unable to push towards a lower price and buying pressure are coming back. Thus, we will expect price to reach 0.694 where profit taking might take place again.
Over the past 3 months, we can see the presence of a strong selling pressure by the sellers. However, over the last week, we saw that sellers are unable to push towards a lower price and buying pressure are coming back. Thus, we will expect price to reach 0.694 where profit taking might take place again.
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