NZD/USD Expecting to move down
Yo Traders,
The price has now touched the weekly resistance and price is making rejections at this level.
On the 4HR TF you can also see divergence on the RSI. With this multiple confluence i am expecting the price to move down to the next support level.
With positive news on vaccine i am expecting USD to be strong in the mid term.
Lets wait and watch
Thanks
madtradex
The price has now touched the weekly resistance and price is making rejections at this level.
On the 4HR TF you can also see divergence on the RSI. With this multiple confluence i am expecting the price to move down to the next support level.
With positive news on vaccine i am expecting USD to be strong in the mid term.
Lets wait and watch
Thanks
madtradex
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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.